Why is Alfred Herbert falling/rising?

As of 17-Sep, Alfred Herbert (India) Ltd is experiencing a price increase, currently at Rs 3,429.95, which reflects a rise of Rs 85.95 or 2.57%. The stock has shown strong performance recently, gaining 5.02% over the last three days and outperforming its sector by 2.34% today. It reached an intraday high of Rs 3,489.5, indicating positive momentum. Despite a significant drop in delivery volume, which fell by 92.28% against the 5-day average, the stock is trading above all its moving averages, suggesting a bullish trend. The company has also reported impressive financial growth, with net sales increasing by 591.40% and profit after tax soaring by 1,359.10% over the last six months, contributing to its strong performance.
In the broader market context, the stock's short-term return of 0.88% over the past week is lower than the benchmark Sensex, which has gained 1.56% in the same period. However, the stock has significantly outperformed the benchmark over the longer term, with a remarkable 105.92% return over the past year compared to the Sensex's slight decline of 0.46%. This long-term outperformance, combined with positive quarterly results and a low debt-to-equity ratio, supports the stock's rising price despite the recent drop in investor participation.