Why is Privi Speci. falling/rising?

As of 06-Nov, Privi Speciality Chemicals Ltd is experiencing a significant rise in its stock price, currently at Rs. 3,320.00, reflecting an increase of Rs. 337.6 or 11.32%. The stock has shown strong performance, gaining 17.28% over the past week and 36.90% over the past month. It has reached a new 52-week high today, outperforming its sector by 12.3%. The stock has been on a consecutive gain streak for the last four days, and it opened with a gain of 5.1% today. Additionally, the company has reported very positive results, including a 56.75% growth in net profit and consistent positive results for the last nine quarters, which has likely contributed to the rising investor confidence and participation, particularly from institutional investors who have increased their stake.
In the broader market context, while the Sensex has declined by 1.30% over the past week, Privi Speciality Chemicals Ltd has significantly outperformed this benchmark, highlighting its strong market position. The stock's year-to-date return of 87.68% also surpasses the Sensex's 6.62% increase, indicating robust long-term performance. Despite some risks, such as a high Debt to EBITDA ratio and low profitability per unit of total capital, the stock's recent gains are supported by strong financial results and increasing institutional interest, positioning it favorably against broader market trends.