Why is Privi Speci. falling/rising?

As of 13-Jun, Privi Speciality Chemicals Ltd is experiencing a price increase, currently at Rs 2,413.95, which reflects a rise of Rs 56.95 or 2.42%. The stock has shown strong performance today, outperforming its sector by 2.24% and achieving a consecutive gain over the last two days with a total return of 6.81%. It has also touched an intraday high of Rs 2,417. The stock's performance over various periods is impressive, with a 1-year return of 89.81% and a 3-year return of 106.08%, indicating consistent growth. The company has reported outstanding results, including a 43.87% growth in net profit and has maintained positive results for the last seven consecutive quarters, contributing to investor confidence.
In the broader market context, while Privi Speciality Chemicals has shown a significant increase in its stock price, the benchmark Sensex has declined by 1.30% over the past week, highlighting the stock's strong relative performance. The stock's liquidity remains adequate, although there has been a slight decline in delivery volume, which may indicate a decrease in investor participation. Despite this, the company's solid financial metrics, including a high operating profit to interest ratio and a low debt-equity ratio, support its rising stock price amidst a challenging market environment.