Why is Sika Interplant falling/rising?

As of 10-Jun, Sika Interplant Systems Ltd is experiencing a price increase, currently at Rs 1,292.85, reflecting a rise of Rs 117.5 or 10.0%. The stock has shown a significant performance today, outperforming its sector by 8.35% and reversing a trend after two consecutive days of decline. It reached an intraday high of Rs 1,292.85, indicating strong buying interest, despite high volatility with an intraday fluctuation of 5.24%. Over the past week, the stock has surged by 37.87%, and its year-to-date return stands at an impressive 155.04%, showcasing its robust performance relative to the broader market.
In the broader market context, Sika Interplant's short-term return of 37.87% over the past week significantly outpaces the Sensex's modest gain of 2.05% during the same period. The company's strong fundamentals, including a low debt-to-equity ratio and consistent positive results over the last six quarters, contribute to its bullish outlook. Technical indicators also support this trend, with the stock trading above its moving averages and showing bullish signals from various technical analyses. However, there is a noted decline in investor participation, with delivery volume decreasing by 5.31% against the five-day average, which could be a point of concern moving forward.