Why is Sharda Cropchem falling/rising?

As of 22-Jul, Sharda Cropchem Ltd's stock is rising, with a current price of 877.10, reflecting an increase of 9.75 or 1.12%. The stock has shown strong performance, gaining 12.35% over the last six days and outperforming its sector by 1.45% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. The company has reported impressive financial results, including a 41.9% growth in net profit and a significant increase in net sales by 39.36%. With a low debt-to-equity ratio and a return on equity of 12.2, the stock is considered a strong buy, especially given its remarkable 72.59% return over the past year, which far exceeds the market average.
In the broader market context, Sharda Cropchem's short-term return of 10.61% over the past week contrasts sharply with the Sensex, which has declined by 0.47%. This significant outperformance highlights the stock's strength relative to the market. While the company has demonstrated robust growth and is highly rated among its peers, there are concerns regarding its long-term growth potential, as operating profit has only grown at an annual rate of 16.19% over the last five years. Nonetheless, the current positive sentiment and strong financial performance are driving the stock's upward movement.