Why is Airan falling/rising?

As of 01-Jul, Airan Ltd's stock price is currently at 31.99, reflecting an increase of 0.32, or 1.01%. The stock has been performing well recently, with a consecutive gain over the last two days, resulting in a total return of 6.85% during this period. It has outperformed its sector by 1.51% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 207.84% compared to the 5-day average. While the stock has generated a modest return of 1.33% over the past year, its profits have surged by 47.2%, indicating a strong underlying performance despite a low debt-to-equity ratio and a premium valuation compared to peers.
In the broader market context, Airan's short-term return of 7.17% over the past week significantly outpaces the Sensex's return of 2.00% during the same period. This suggests that investor sentiment towards Airan is particularly strong compared to the overall market. However, it is important to note that the company has faced challenges in long-term growth, with net sales and operating profit showing modest annual growth rates over the last five years. Despite these concerns, the recent positive performance and rising investor interest have contributed to the stock's upward movement.