Why is MRC Agrotech falling/rising?

As of 04-September, MRC Agrotech Ltd's stock price is currently at Rs. 36.47, reflecting an increase of Rs. 1.31 or 3.73%. The stock has recently reached a new 52-week high of Rs. 36.9 and has been on a positive trajectory, gaining 21.49% over the past week and 22.51% over the past month. The stock has outperformed its sector by 3.33% today and has shown consistent gains for the last five days. Additionally, the company reported higher net sales and profit after tax in the latest six months, contributing to its strong performance despite the majority of shareholders being non-institutional.
In the broader market context, MRC Agrotech's performance stands out significantly against the benchmark Sensex, which has only increased by 0.80% over the past week and has generated negative returns of -1.98% over the past year. The stock's year-to-date return of 118.78% further emphasizes its strong market position, especially when compared to the Sensex's 3.30% increase. This stark contrast in performance highlights the stock's resilience and attractiveness to investors, particularly in light of rising investor participation and liquidity, which have contributed to its upward price movement.