Why is Sh.Pushkar Chem. falling/rising?

As of 17-Jul, Shree Pushkar Chemicals & Fertilizers Ltd is experiencing a price increase, with the current price at Rs 362.50, reflecting a change of 2.2 (0.61%) upward. The stock has shown strong performance recently, outperforming its sector by 0.84% today and has been on a consecutive gain for the last two days, rising 2.03% in that period. It reached an intraday high of Rs 369.7, although it also touched a low of Rs 350.9. Over the past week, the stock has increased by 2.50%, and it has delivered impressive returns of 54.65% over the past year, significantly outperforming the broader market, which only returned 0.26%. The company has also reported positive financial results for the last four consecutive quarters, indicating strong operational performance.
In the broader market context, while Shree Pushkar Chemicals has been rising, the benchmark Sensex has declined by 1.12% over the past week. This divergence highlights the stock's strong relative performance amidst a challenging market environment. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 19.75% against the five-day average, which could indicate a potential concern for future momentum. Despite this, the company's low debt-to-equity ratio and consistent positive financial results contribute to a favorable outlook, supporting the stock's upward movement.