Why is SBC Exports falling/rising?

As of 23-Sep, SBC Exports Ltd is experiencing a price increase, currently trading at 21.90, which reflects a rise of 0.5 or 2.34%. The stock has shown strong performance recently, outperforming its sector by 2.96% today and achieving consecutive gains over the last three days, resulting in a total return of 2.67% during this period. Additionally, SBC Exports has demonstrated impressive returns over various time frames, including a 15.93% increase over the past month and a staggering 494.27% increase over the last three years. The company's low Debt to EBITDA ratio of 0.88 times indicates a strong ability to service its debt, contributing positively to investor confidence and the stock's upward movement.
In the broader market context, SBC Exports has outperformed the Sensex, which has declined by 0.34% over the past week while SBC Exports has gained 0.92%. This trend of outperforming the benchmark is further supported by the stock's liquidity, with a delivery volume increase of 5.24% against the five-day average, indicating rising investor participation. Overall, the combination of strong stock performance, favorable financial metrics, and positive market sentiment has contributed to the stock's rising price.