Why is Zuari Agro Chem. falling/rising?

As of 13-Nov, Zuari Agro Chemicals Ltd is experiencing a price increase, currently at Rs 290.55, reflecting a rise of 13.8 points or 4.99%. The stock has shown strong performance today, outperforming its sector by 4.33%, and has reached an intraday high of Rs 290.55. Over the past week, the stock has surged by 21.37%, and it has consistently outperformed the benchmark Sensex, which has only increased by 1.40% during the same period. The company has reported outstanding financial results, with a net profit growth of 1108.86% and a robust operating cash flow, contributing to a very attractive valuation. Additionally, the stock is trading above all key moving averages, indicating a strong upward trend, and there has been a significant increase in investor participation, with delivery volume rising by 401.45% compared to the 5-day average.
In the broader market context, Zuari Agro Chemicals Ltd's impressive one-year return of 35.71% significantly surpasses the BSE500 market return of 8.17%, highlighting its strong market-beating performance. Despite the positive indicators, such as a low debt-equity ratio and attractive valuation metrics, there are concerns regarding the company's long-term growth potential due to a relatively low annual sales growth rate and a lack of domestic mutual fund investment, which may reflect caution among institutional investors. However, the current momentum in the stock price is primarily driven by its recent strong financial results and positive market sentiment.