Why is SBC Exports falling/rising?

As of 11-Jul, SBC Exports Ltd is experiencing a price increase, currently at 16.18, reflecting a rise of 0.7 or 4.52%. The stock has shown strong performance today, outperforming its sector by 6.04%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. The stock has also seen a rise in investor participation, with a delivery volume of 60.13 lacs on 10 July, which is up by 3.38% compared to the 5-day average. Despite a year-to-date decline of 9.27%, the stock has performed well in the short term, with a 1-week return of 8.01% and a 1-month return of 9.77%. The company's strong ability to service debt, evidenced by a low Debt to EBITDA ratio of 0.88 times, and healthy long-term growth, with operating profit growing at an annual rate of 49.22%, contribute positively to its recent price movement.
In the broader market context, while SBC Exports has shown a significant short-term return, the benchmark Sensex has declined by 1.12% over the past week and remained flat over the past month. This contrast highlights the stock's resilience and strength relative to the broader market. The company's positive financial results, including a 55.21% growth in PAT and record net sales, further support its upward price movement, despite a year-on-year decline of 5.71%. Overall, the combination of strong operational performance and favorable trading conditions has led to the stock's recent rise.