Why is Mangalore Chem. falling/rising?

As of 22-Sep, Mangalore Chemicals & Fertilizers Ltd is experiencing a price increase, currently at Rs 322.15, reflecting a rise of 16.4 or 5.36%. The stock has shown strong performance today, outperforming its sector by 5.7% and achieving a consecutive gain over the last two days with a total return of 6.01%. Despite a decline of 10.01% over the past month, the stock has generated impressive returns of 156.28% over the last year and 109.53% year-to-date. Positive factors contributing to this upward movement include the company's consistent positive results over the last three quarters, a high operating profit to interest ratio, and a low debt-equity ratio. Additionally, there has been an increase in institutional investor participation, which may signal confidence in the company's fundamentals.
Broader Market Context: In the short term, Mangalore Chemicals & Fertilizers Ltd has outperformed the benchmark Sensex, which has only increased by 0.46% over the past week, while the stock itself has risen by 5.26%. This indicates that the stock is not only performing well relative to its historical performance but also in comparison to the broader market. The stock's long-term performance has also been strong, outperforming the BSE500 over various periods, which adds to the positive sentiment surrounding it. However, it is worth noting that there has been a decline in delivery volume, suggesting a potential concern regarding investor participation moving forward.