Why is Sika Interplant falling/rising?

As of 02-Jul, Sika Interplant Systems Ltd's stock price is rising, currently at 1,401.50, reflecting an increase of 49.55 (3.67%). Today's price summary indicates that the stock has outperformed its sector by 4.17% and has experienced a trend reversal, gaining after three consecutive days of decline. The stock reached an intraday high of Rs 1458.8, marking a 7.9% increase. Over the past week, the stock has returned 2.10%, significantly outpacing the Sensex's 0.79%. Furthermore, the company has demonstrated strong financial performance, with positive results for the last six consecutive quarters, including a record high return on capital employed (ROCE) of 27.26% and net sales of Rs 46.02 crore, contributing to its robust long-term performance.
In the broader market context, Sika Interplant's impressive year-to-date return of 176.47% and 117.71% over the past year highlight its strong position compared to the Sensex, which has only returned 6.75% and 5.00%, respectively. This significant outperformance over both short and long-term periods suggests that investor sentiment remains positive despite a recent decline in delivery volume, which has fallen by 38.18% against the five-day average. The stock's liquidity remains adequate for trading, further supporting its upward movement. Overall, the combination of strong financial results and market-beating performance has contributed to the stock's rising price.