Why is SPIC falling/rising?

As of 27-Jun, Southern Petrochemical Industries Corporation Ltd. is experiencing a price increase, currently at 89.17, reflecting a change of 0.45 or 0.51% upward. Despite today's performance indicating an underperformance against its sector by 1.9%, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. Over the past week, the stock has gained 4.66%, and year-to-date, it has shown a significant increase of 21.63%. However, it is important to note that while the stock has generated a return of 7.24% over the past year, its profits have declined by 3.7%. The company maintains a strong ability to service debt, evidenced by a low Debt to EBITDA ratio of 1.18 times, and has seen an increase in institutional investor participation, which may positively influence its valuation.
In the broader market context, the stock's short-term return of 4.66% over the past week outpaces the Sensex's return of 2.00%, indicating a stronger performance relative to the benchmark. The fertilizer sector, in which SPIC operates, has gained 2.64%, further supporting the stock's upward movement. However, the recent decline in delivery volume by 5.55% against the 5-day average suggests a potential decrease in retail investor interest, which could impact future price movements. Overall, while SPIC shows promising fundamentals and institutional backing, the mixed signals from trading volume and sector performance warrant a cautious outlook.