Why is Sh.Pushkar Chem. falling/rising?

As of 29-Jul, Shree Pushkar Chemicals & Fertilizers Ltd is experiencing a price increase, currently at Rs 399.20, reflecting a rise of Rs 19.3 or 5.08%. The stock has recently hit a new 52-week high of Rs 403.9 and has shown strong performance, gaining 8.14% over the last two days. Additionally, the stock has outperformed its sector by 4.12% today. Over the past week, it has risen by 8.29%, and in the last month, it has increased by 20.28%. The company has reported positive financial results for the last four consecutive quarters, with significant increases in net sales and profit after tax, contributing to its favorable market performance.
In the broader market context, while Shree Pushkar Chemicals has shown a strong short-term return of 8.29% over the past week, the benchmark Sensex has declined by 1.03% during the same period. This indicates that the stock is performing well against the market backdrop. The company's low debt-to-equity ratio and consistent positive results have likely bolstered investor confidence, leading to increased participation, as evidenced by a significant rise in delivery volume. Overall, the stock's strong performance relative to both its sector and the broader market, combined with solid financial fundamentals, supports its upward price movement.