Why is Anant Raj falling/rising?

As of 15-Jul, Anant Raj Ltd's stock price is rising, currently at Rs 607.60, reflecting an increase of Rs 36.25 or 6.34%. The stock has shown strong performance recently, gaining 10.8% over the last four days and outperforming its sector by 5.42% today. Additionally, it has recorded a significant rise in trading volume, with delivery volume increasing by 77.55% compared to the five-day average. Over the past year, the stock has generated a return of 24.76%, significantly outperforming the BSE500 index in each of the last three annual periods. The company has also demonstrated healthy long-term growth, with net sales and operating profit increasing at annual rates of 40.40% and 44.40%, respectively, and has reported positive results for the last 16 consecutive quarters.
In the broader market context, Anant Raj Ltd's short-term return of 10.28% over the past week stands in stark contrast to the Sensex, which has declined by 1.36% during the same period. This divergence highlights the stock's strong performance relative to the broader market. While the stock has faced challenges year-to-date, with a decline of 28.91%, its recent upward momentum and consistent returns over the last three years suggest a positive outlook among investors. The company's solid fundamentals, including a high return on capital employed and inventory turnover ratio, further support the stock's rising price trend.