Why is Rallis India falling/rising?

As of 04-Aug, Rallis India Ltd is experiencing a price increase, currently at Rs 380.20, which reflects a rise of Rs 13.05 or 3.55%. The stock has shown strong performance today, outperforming its sector by 2.12% and is only 1.42% away from its 52-week high of Rs 385.6. After three consecutive days of decline, the stock has reversed its trend, reaching an intraday high of Rs 382. Additionally, Rallis India has demonstrated impressive returns over various periods, including a 19.18% increase over the past month and a 28.01% rise year-to-date, significantly outperforming the benchmark Sensex, which has declined by 2.89% in the same timeframe. The company has also reported positive financial results, with substantial growth in profit before tax and net sales, contributing to investor confidence.
In the broader market context, Rallis India's recent performance stands in stark contrast to the Sensex, which has only gained 0.16% over the past week. The stock's strong returns over the last year and three years, coupled with high institutional holdings of 25.54%, suggest that informed investors are optimistic about the company's fundamentals. However, there is a noted decline in investor participation, with delivery volume dropping by 35.34% against the five-day average, which may indicate some caution among retail investors. Overall, while the stock is rising, the mixed signals regarding investor participation and liquidity warrant attention as they could influence future price movements.