Why is PCBL Chemical falling/rising?

As of 10-Jul, PCBL Chemical Ltd's stock price is rising, currently at 434.40, reflecting an increase of 11.15 or 2.63%. The stock has shown strong performance recently, gaining 8.33% over the last three days and outperforming its sector by 0.79% today. It has consistently traded above its moving averages across various time frames, indicating positive momentum. Additionally, the stock has delivered impressive returns over the past year, with a 64.67% increase, although it has faced a decline in profits of 11.4%. The recent increase in institutional investor participation, which has risen by 2.59% in the last quarter, suggests growing confidence in the company's fundamentals.
In the broader market context, PCBL Chemical's short-term performance has outpaced the Sensex, which has seen a slight decline of 0.06% over the past week while PCBL Chemical has increased by 5.71%. This divergence highlights the stock's relative strength compared to the overall market. Despite a year-to-date decline of 3.46% against the Sensex's 6.46% gain, the stock's long-term growth potential, evidenced by a 312.54% increase over three years, positions it favorably amidst market fluctuations. The combination of rising investor interest and consistent returns over the past three years contributes to the stock's upward trajectory.