Why is Kronox Lab falling/rising?

As of 26-Jun, Kronox Lab Sciences Ltd is experiencing a price increase, currently at Rs 186.70, reflecting a rise of Rs 6.8 or 3.78%. The stock has shown strong performance recently, gaining 17.38% over the past week and 25.47% over the past month. Today, it opened with a gain of 3.42% and reached an intraday high of Rs 198.7, which is a 10.45% increase. The stock has been on a consecutive gain streak for the last five days, and its trading is above all key moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 91.11% compared to the five-day average. The company's low debt-to-equity ratio further supports its stability, contributing positively to its recent upward movement.
In the broader market context, Kronox Lab's short-term performance has significantly outpaced the benchmark, with a 17.38% return over the past week compared to the Sensex's 2.94%. This trend of outperforming the market is consistent with its one-year return of 17.46%, which is notably higher than the BSE 500's return of 4.11%. Such strong performance relative to the market indicates positive investor sentiment and confidence in the company's prospects, which is likely driving the stock's rise.