Why is Paradeep Phosph. falling/rising?

As of 31-Jul, Paradeep Phosphates Ltd's stock price is rising, currently at Rs 215.35, reflecting an increase of Rs 6.95 or 3.33%. The stock has shown strong performance today, outperforming its sector by 3.83%, with an intraday high of Rs 218.5, which is a 4.85% increase. Over the past week, the stock has risen by 11.46%, and it has delivered an impressive 134.38% return over the last year, significantly outperforming the Sensex, which has seen a decline of 0.68% in the same period. The company has reported positive results consistently over the last four quarters, with a net profit growth of 60.19% and a substantial increase in net sales, which has contributed to the stock's upward momentum. However, there is a noted decline in investor participation, with a 4.86% drop in delivery volume compared to the five-day average.
In the broader market context, while Paradeep Phosphates Ltd has experienced significant gains, the Sensex has faced a decline of 1.22% over the past week and a 3.00% drop over the last month. This contrast highlights the stock's strong performance relative to the broader market. The company benefits from high institutional holdings, which have increased by 0.52% over the previous quarter, indicating confidence from more sophisticated investors. Despite its strong growth metrics, the stock is considered expensive based on its valuation ratios, which may pose a risk for future price movements. Nonetheless, the overall positive financial results and consistent returns over the past three years suggest a robust outlook for the stock.