Why is Phosphate Co falling/rising?

As of 11-Sep, The Phosphate Company Ltd is experiencing a slight increase in its stock price, currently at 163.30, with a change of 0.3 (0.18%) upward. The stock has shown a positive trend, gaining 4.68% over the last three days, although it underperformed its sector by 0.34% today. The stock has consistently traded above its moving averages across various time frames, indicating a strong performance. Additionally, the company has reported positive financial results over the last three consecutive quarters, with a significant growth in profit after tax and net sales, which reflects strong operational performance. The increase in promoter stake by 0.92% also signals confidence in the company's future prospects.
In the broader market context, the stock has outperformed the Sensex over the past week and month, with returns of 2.06% and 2.00%, respectively, compared to the benchmark's 1.03% and 1.17%. This demonstrates that Phosphate Co is not only performing well in the short term but also has a robust long-term performance, having outpaced the BSE500 over the last three years and one year. However, it is important to note that there has been a decline in investor participation, with delivery volume dropping significantly, which could raise concerns about liquidity despite the stock's overall positive trajectory.