Why is Rama Phosphates falling/rising?

As of 24-Jul, Rama Phosphates Ltd's stock price is rising, currently at 162.25, reflecting an increase of 3.15 (1.98%). The stock is trading close to its 52-week high, just 1.97% away from 165.45, and has shown strong performance over various periods, including a 73.58% return over the past year, significantly outperforming the market. Despite a slight underperformance against its sector today, the stock is trading above its moving averages, indicating a positive trend. The company has demonstrated strong financial health, with a low Debt to EBITDA ratio and impressive growth in net profit, which has contributed to its favorable valuation compared to peers.
In the broader market context, while the Sensex has shown minimal movement with a 0.16% increase over the past month, Rama Phosphates has excelled with a 32.77% rise in the same timeframe. This stark contrast highlights the stock's strong market-beating performance. However, there are concerns regarding long-term growth, as net sales and operating profit have only seen modest annual increases over the last five years, and the lack of domestic mutual fund investment may indicate caution among institutional investors. Overall, the stock's recent rise can be attributed to its strong financial results and market performance, despite some underlying risks.