Why is Rama Phosphates falling/rising?

As of 24-Sep, Rama Phosphates Ltd's stock price is rising, currently at 154.15, reflecting an increase of 5.45 (3.67%). The stock has shown strong performance today, opening with a gain of 3.5% and reaching an intraday high of Rs 156.1, while it has outperformed its sector by 3.67%. Over the past week, the stock has increased by 8.94%, and it has delivered impressive year-to-date returns of 60.45%. The company has demonstrated strong financial health with a low Debt to EBITDA ratio of 1.11 times and significant growth in net profit of 205.33% in its latest quarterly results. However, there are concerns regarding its long-term growth potential, as net sales have only grown at an annual rate of 12.01% over the last five years.
In the broader market context, while the Sensex has experienced a decline of 1.18% over the past week, Rama Phosphates has significantly outperformed this benchmark. The stock's ability to generate a return of 44.13% over the past year, compared to the negative returns of -3.77% from the Sensex, highlights its market-beating performance. Despite these positive indicators, the lack of domestic mutual fund investment may suggest some caution among institutional investors regarding the stock's valuation and growth prospects. Overall, the combination of strong short-term performance and positive financial results contributes to the stock's rising price, despite some underlying risks.