Why is Sharda Cropchem falling/rising?

As of 04-Jul, Sharda Cropchem Ltd's stock price is rising, currently at Rs. 918.55, reflecting an increase of Rs. 32.45 or 3.66%. The stock has recently hit a new 52-week high of Rs. 925.35 and has outperformed its sector by 3.34%. Over the past three days, it has gained 14.11%, and it is trading above all key moving averages. The company has shown strong financial performance, with a net profit growth of 41.9% and positive results for the last four consecutive quarters. Additionally, institutional investors have increased their stake, indicating confidence in the company's fundamentals, which is further supported by its high ratings and market-beating performance over the past year.
In the broader market context, Sharda Cropchem's short-term return of 16.86% over the past week significantly outpaces the Sensex, which has declined by 0.74% during the same period. This strong performance highlights the stock's resilience and attractiveness compared to the overall market. While the company faces some risks, such as poor long-term growth in operating profit, the current momentum and positive investor sentiment suggest that these factors are being outweighed by its recent successes and strong financial metrics.