Why is SKM Egg Prod. falling/rising?

As of 04-Aug, SKM Egg Products Export (India) Ltd is experiencing a price increase, currently at Rs 307.70, reflecting a rise of 4.05 or 1.33%. The stock has shown strong performance recently, gaining 6.1% over the last three days and outperforming its sector by the same percentage today. It is also trading close to its 52-week high, just 4.01% away from Rs 320.05. The stock has consistently outperformed the benchmark Sensex over various periods, including a 14.81% increase over the past month, while the Sensex has declined by 2.89%. Positive factors contributing to this rise include a strong ability to service debt, as indicated by a low Debt to EBITDA ratio of 0.98 times, and a significant annual growth rate of 121.44% in operating profit. Additionally, the company has recently reported positive results after a series of negative quarters, which has likely bolstered investor confidence.
In the broader market context, while SKM Egg Products has outperformed the Sensex in both the short and long term, the benchmark has only seen a modest increase of 0.16% over the past week. The stock's performance is further supported by rising promoter confidence, with an increase in their stake by 0.85%, indicating a positive outlook for the company's future. Despite a recent decline in investor participation, as evidenced by a significant drop in delivery volume, the stock remains liquid enough for trading. Overall, the combination of strong financial metrics, positive recent performance, and increased promoter confidence has contributed to the stock's upward movement.