the very fact that a stock advisory firm is bullish or is buying a particular stock, going with that conviction and buying the stock is horribly wrong most of the times( Rain industries,Nocil, Va tech bawag being some examples)
The stock for sure is going thru a thing called “irrational exuberance”
I have been invested since 1000 levels( a little amount) courtesy @hitesh2710 sir who pointed out this stock as a chemicals proxy play 7-8 months when I asked him about chemicals companies in his radar.
Having said that, there is no method in the madness with which the stock is up 8-10% everyday for the last 20-25 trading sessions.
Let us not forget some hindsight:(Which is good most of the times, although we make fun of it)
- It is a small cap cyclical stock (yes the industries it cater to is a cyclical one)
- The same exuberance was there in 2017 for Graphite stocks- see where they are now
- PE expansion of almost twice in a month: well its your money- do not want to add anything.
- Stock is trading at 56 PE and its a super cyclical play
My apologies if I sound harsh, but I am acting a devils advocate 
Disclosure: had till recently, but looking at its movement, exited now.
But indeed company and management is quite good.