Why is Parker Agrochem falling/rising?

As of 01-Oct, Parker Agrochem Exports Ltd is experiencing a price increase, with the current price at Rs 22.90, reflecting a rise of Rs 0.92 or 4.19%. The stock has shown strong performance recently, gaining 24.39% over the last six days and outperforming its sector by 1.71%. It is currently trading close to its 52-week high, just 4.8% away from Rs 24. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Rising investor participation is also evident, with a significant increase in delivery volume, which has risen by 57.8% compared to the 5-day average.
In the broader market context, Parker Agrochem's short-term performance has significantly outpaced the benchmark Sensex, which has declined by 0.90% over the past week while the stock itself has surged by 23.05%. Over the past month, the stock has increased by 27.36%, contrasting with the Sensex's modest gain of 0.77%. This strong relative performance suggests that investor sentiment towards Parker Agrochem is notably positive, especially in light of the overall market conditions.