Why is Aditya Vision falling/rising?

As of 03-Nov, Aditya Vision Ltd's stock price is currently at Rs. 597.50, reflecting an increase of Rs. 24.0 or 4.18%. The stock has recently hit a new 52-week high and has outperformed its sector by 4.03%. It has shown a strong performance over the last two days, gaining 5.57% in that period. Additionally, the stock has demonstrated impressive returns over various time frames, including a 29.54% increase over the past year and a staggering 309.41% over the last three years. The company benefits from high management efficiency, with a return on capital employed (ROCE) of 24.56%, and healthy long-term growth, as evidenced by a net sales growth rate of 30.78%.
In the broader market context, Aditya Vision's recent performance stands in contrast to the benchmark Sensex, which has seen a decline of 0.94% over the past week. While the stock has been gaining, the falling investor participation, indicated by a 24.43% drop in delivery volume compared to the five-day average, could be a concern for future liquidity. Nevertheless, the stock remains liquid enough for trading, and its consistent returns over the last three years suggest a strong underlying performance relative to the broader market.