Why is Shankar Lal Ram. falling/rising?

As of 22-Aug, Shankar Lal Rampal Dye-Chem Ltd's stock price is currently at 78.06, reflecting an increase of 1.01 or 1.31%. The stock has shown positive momentum recently, gaining for the last two consecutive days with a total return of 2.71%. It opened today with a gain of 2.39% and reached an intraday high of Rs 79. The stock's performance today has outperformed its sector by 1.7%. Despite a year-to-date decline of 9.12% and a significant drop of 37.07% over the past year, the company has demonstrated strong fundamentals, including a high return on capital employed (ROCE) of 27.93% and a low debt-to-equity ratio of 0.06. The company has also reported a substantial net profit growth of 68.25% and has declared positive results for the last five consecutive quarters, which likely contributes to the recent upward movement in stock price.
In the broader market context, the stock's short-term performance has been relatively weak compared to the benchmark Sensex, which has gained 0.88% over the past week while the stock itself has declined by 0.90%. However, the stock's recent gains indicate a potential shift in investor sentiment, possibly driven by rising investor participation, as evidenced by a 58.49% increase in delivery volume compared to the five-day average. This suggests that while the stock has faced challenges over the longer term, the recent positive financial results and management efficiency may be encouraging investors to take a more favorable view, contributing to the current price rise.