Why is Yash Chemex falling/rising?

As of 30-Sep, Yash Chemex Ltd's stock price is rising, currently at Rs 95.10, reflecting an increase of Rs 4.15 or 4.56%. The stock has been gaining for the last four days, with an impressive return of 8.04% during this period. It is also close to its 52-week high, just 4.1% away, and has outperformed its sector by 5.15%. The company has reported positive results for the last three consecutive quarters, with net sales growing at 122.30% and a higher profit after tax of Rs 1.07 crore for the nine-month period. Additionally, the stock has shown strong performance over various time frames, including an 86.43% increase year-to-date and a 77.76% increase over the past year, indicating robust long-term growth.
In the broader market context, Yash Chemex's short-term performance has significantly outpaced the benchmark, with a 5.73% increase over the past week compared to a decline of 2.23% in the Sensex. This strong performance is further supported by rising investor participation, as evidenced by a 22.73% increase in delivery volume against the five-day average. The stock's liquidity is also favorable, allowing for adequate trading size. Overall, Yash Chemex's consistent positive financial results and market-beating performance contribute to its rising stock price amidst a challenging broader market environment.