Why is Sh.Pushkar Chem. falling/rising?

As of 22-Sep, Shree Pushkar Chemicals & Fertilizers Ltd is experiencing a significant rise in its stock price, currently at Rs. 460.55, reflecting an increase of Rs. 76.75 or 20.0%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 20.71%. It has shown strong performance over the past week with a return of 16.83% and an impressive 36.14% over the past month. Despite high volatility today, with an intraday volatility of 5.78%, the stock has been gaining consistently for the last two days, contributing to a total return of 20.55% in that period. However, it is important to note that investor participation has fallen, with delivery volume dropping by 70.35% against the 5-day average. Broader market context indicates that while Shree Pushkar Chemicals has outperformed the Sensex, which has only increased by 0.46% over the past week, the stock's year-to-date return of 43.88% also significantly surpasses the Sensex's 5.15%. This strong performance relative to the benchmark suggests that the stock is gaining traction among investors despite the recent decline in delivery volumes, indicating a potential shift in market sentiment towards the company. Overall, the combination of reaching new highs and outperforming the sector has contributed to the stock's rising price.