Why is Kronox Lab falling/rising?

As of 25-Jun, Kronox Lab Sciences Ltd is experiencing a price increase, currently at 179.90, which reflects a rise of 6.65 or 3.84%. The stock has been gaining momentum, having outperformed its sector by 2.45% today and achieving a consecutive gain over the last four days, resulting in a total return of 13.11% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The company also benefits from a low debt-to-equity ratio, which supports its financial stability and may contribute positively to investor sentiment.
In the broader market context, Kronox Lab's performance over the past week shows a return of 9.96%, significantly outperforming the Sensex, which only increased by 1.61% during the same timeframe. This trend of strong short-term performance compared to the benchmark suggests that investor confidence in Kronox Lab is rising, likely driven by increased trading volume and positive market sentiment. However, it is important to note that the stock has a year-to-date decline of 9.64%, contrasting with the Sensex's gain of 5.91%, indicating that while the stock is currently on an upward trajectory, it has faced challenges earlier in the year.