Why is Sika Interplant falling/rising?

As of 11-Aug, Sika Interplant Systems Ltd is experiencing a rise in its stock price, currently at 1,180.60, reflecting an increase of 57.9 or 5.16%. Today's price movement indicates a trend reversal, as the stock has gained after three consecutive days of decline. It reached an intraday high of Rs 1194.7, marking a 6.41% increase. The stock has outperformed its sector by 4.9% today, and the delivery volume has risen by 4.44% against the five-day average, suggesting increased investor participation. Over the past year, the stock has generated a remarkable return of 93.93%, significantly outperforming the BSE500 index over various time frames, including a staggering 646.70% increase over three years.
In the broader market context, Sika Interplant's short-term return of +1.43% over the past week contrasts with the Sensex, which has declined by 0.51%. This indicates that the stock is not only resilient but also gaining traction against the broader market trend. The company's strong financial performance, with consistent growth in net sales and profit after tax over the last six quarters, along with a low debt-to-equity ratio, supports its positive outlook. Overall, the combination of positive financial results, a recent uptick in trading volume, and the stock's ability to outperform the market contribute to its rising price.