Why is Sunshield Chem. falling/rising?

As of 25-Aug, Sunshield Chemicals Ltd is experiencing a rise in its stock price, currently at Rs 974.15, reflecting an increase of Rs 6.15 or 0.64%. The stock has shown a positive trend, gaining 1.8% over the last two days and outperforming its sector by 1.01% today. It has also touched an intraday high of Rs 998.95, indicating strong performance. Over the past month, the stock has surged by 29.89%, significantly outperforming the Sensex, which has only increased by 0.21%. Despite a recent decline in investor participation, as evidenced by a 95.07% drop in delivery volume, the stock remains liquid enough for trading. Positive financial results from June, including the highest operating profit to interest ratio and net sales, contribute to its favorable valuation compared to peers, despite a slight decline in profits over the past year.
In the broader market context, while the stock has shown a decline of 0.58% over the past week, it has outperformed the Sensex, which has gained 0.45% in the same period. The long-term performance of Sunshield Chemicals is noteworthy, with a remarkable 97.10% increase over the last three years, compared to the Sensex's 38.90% rise. This consistent outperformance in both the long and short term highlights the stock's resilience and attractiveness to investors, further supporting its recent price increase.