Why is Sika Interplant falling/rising?

As of 11-Jul, Sika Interplant Systems Ltd's stock price is currently at 1,300.35, reflecting an increase of 7.45 (0.58%). The stock has shown a trend reversal, gaining after two consecutive days of decline, and it outperformed its sector by 0.91% today. The stock reached an intraday high of Rs 1335, marking a 3.26% increase. Over the past year, it has generated impressive returns of 113.87%, significantly outperforming the BSE500 index in both the long term and near term. The company has also reported positive financial results over the last six quarters, with net sales growing by 33% and profit after tax increasing by 39.57%, contributing to a strong return on capital employed of 27.26%.
In the broader market context, Sika Interplant's short-term performance has been less favorable compared to the benchmark, with a 1-week return of -6.69% against the Sensex's -1.12%. However, the stock's year-to-date performance shows a remarkable increase of 156.51%, indicating strong long-term growth despite recent short-term volatility. The rising investor participation, evidenced by a 57.76% increase in delivery volume, suggests renewed interest in the stock, which may help stabilize its price in the near future. Overall, while the stock has faced some short-term challenges, its solid fundamentals and long-term performance continue to support its upward trajectory.