Why is Sirca Paints falling/rising?

As of 11-Jul, Sirca Paints India Ltd is experiencing a price increase, currently at Rs 424.80, which reflects a rise of 1.35 (0.32%). The stock has shown strong performance recently, gaining 14.66% over the last seven days and outperforming its sector by 0.87% today. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a return of 22.95%, significantly higher than the market's (BSE500) return of 0.52%. Despite a recent decline in delivery volume by 22.57% against the 5-day average, the company maintains a low debt-to-equity ratio and has demonstrated healthy long-term growth with an annual operating profit increase of 63.34%.
In the broader market context, Sirca Paints has outperformed the benchmark Sensex, which has seen a decline of 1.12% over the past week, while Sirca Paints has risen by 10.71%. This contrast highlights the stock's strong performance relative to the market, contributing to investor interest and confidence. The stock's liquidity remains adequate for trading, further supporting its upward movement. Overall, the combination of strong returns, low debt levels, and consistent performance against the benchmark suggests a positive outlook for Sirca Paints in the current market environment.