Why is Vishnu Chemicals falling/rising?

As of 15-Jul, Vishnu Chemicals Ltd's stock price is rising, currently at Rs 511.00, reflecting an increase of Rs 15.0 or 3.02%. Today's performance indicates a trend reversal as the stock has gained after three consecutive days of decline. It outperformed its sector by 1.93% and reached an intraday high of Rs 518.5, marking a 4.54% increase. Despite a recent drop in delivery volume by 39.1% against the 5-day average, the stock remains liquid enough for trading. Over the past week, the stock has shown a return of 1.95%, contrasting with the Sensex's decline of 1.36%, while it has delivered a substantial year-to-date return of 28.52%.
Broader Market Context: The stock's recent performance is notable as it has consistently outperformed the benchmark indices over various periods, including a 14.51% return over the past year compared to the Sensex's 2.36%. This strong performance is supported by high management efficiency, evidenced by a return on capital employed (ROCE) of 18.45%, and healthy long-term growth with an annual operating profit increase of 26.49%. The company has also demonstrated solid financial metrics, including the highest net sales and operating profit to interest ratio in the latest quarter, contributing to positive investor sentiment despite a recent decline in participation.