Why is SKM Egg Prod. falling/rising?

As of 25-Aug, SKM Egg Products Export (India) Ltd is experiencing a price increase, currently at Rs 349.65, which reflects a rise of Rs 16.65 or 5.0%. The stock has been performing well, having outperformed its sector by 5.13% today and is just 1.2% away from its 52-week high of Rs 353.85. Over the past week, the stock has gained 4.92%, and in the last month, it has risen by 15.22%. The stock has shown consistent upward movement, gaining for three consecutive days with a total return of 9.23% during this period. Additionally, the company has demonstrated strong financial health, with a low Debt to EBITDA ratio of 0.98 times and significant growth in operating profit, which has increased at an annual rate of 121.44%. The recent positive results after six consecutive negative quarters have further bolstered investor confidence, as evidenced by the promoters increasing their stake in the company by 0.85%.
In the broader market context, SKM Egg Products has significantly outperformed the benchmark Sensex, which has only increased by 0.45% over the past week. The stock's year-to-date return of 38.94% also stands in stark contrast to the Sensex's 4.48% increase, highlighting its strong market position. The rising investor participation, indicated by a 10.37% increase in delivery volume, along with the stock trading above all key moving averages, suggests a robust demand for the stock. Overall, the combination of strong financial performance, rising promoter confidence, and consistent outperformance relative to the market contributes to the stock's upward trajectory.