Why is Sh.Pushkar Chem. falling/rising?

As of 11-Aug, Shree Pushkar Chemicals & Fertilizers Ltd is experiencing a price increase, currently at Rs 396.55, reflecting a rise of 27.9 or 7.57%. The stock has shown strong performance recently, gaining 13.64% over the last three days and is only 3.39% away from its 52-week high of Rs 410. It has outperformed its sector by 8.14% today and is trading above all key moving averages, indicating a positive trend. Additionally, the company has reported positive financial results for the last four consecutive quarters, with net sales and operating profit reaching their highest levels, contributing to investor confidence and the stock's upward movement.
In the broader market context, Shree Pushkar Chemicals has outperformed the benchmark Sensex, which has declined by 0.51% over the past week while the stock itself has fallen by only 1.53%. Over the past month, the stock has gained 12.56%, contrasting with the Sensex's drop of 2.30%. This strong relative performance, combined with a low debt-to-equity ratio and consistent profitability, supports the stock's rising price despite a recent decline in investor participation, as indicated by a 25.61% drop in delivery volume compared to the five-day average.