Why is Zuari Agro Chem. falling/rising?

As of 01-Jul, Zuari Agro Chemicals Ltd is experiencing a price increase, currently at 215.00, reflecting a change of 0.8 or 0.37% upward. The stock has outperformed its sector today by 2.47% and has shown consecutive gains over the last two days, with a total return of 1.87% during this period. In the past week, the stock has risen by 3.99%, while its one-month return stands at 2.75%. Despite a negative one-year return of -5.47%, the company has seen a significant profit increase of 65.1%, leading to a very attractive valuation with a PEG ratio of 0.1. However, the stock is also burdened by high debt and weak long-term growth, which may temper investor enthusiasm.
In the broader market context, the stock's recent performance has outpaced the Sensex, which has increased by 2.00% over the same one-week period. While the fertilizer sector has declined by -2.09%, Zuari Agro Chemicals Ltd's rising investor participation, indicated by a 7.89% increase in delivery volume, suggests a growing interest among traders. Nonetheless, the company faces challenges with a high debt-to-equity ratio and declining institutional investor participation, which may impact its long-term prospects despite the recent positive price movement.