Why is Anant Raj falling/rising?

As of 29-Jul, Anant Raj Ltd's stock price is rising, currently at Rs 580.50, reflecting an increase of Rs 17.55 or 3.12%. Today's price summary indicates that the stock outperformed its sector by 1.82%, reaching an intraday high of Rs 580.95, while the day's low was Rs 546. The stock has shown a positive trend over the past week and month, with returns of +1.61% and +4.78%, respectively, contrasting with the Sensex's declines of -1.03% and -3.24%. Despite a significant drop in delivery volume, the company has demonstrated strong long-term growth, with net sales increasing at an annual rate of 44.24% and operating profit at 51.44%. The company has consistently reported positive results for the last 17 quarters, contributing to its recent price rise.
In the broader market context, Anant Raj's short-term performance has been favorable compared to the benchmark, as it has outperformed the Sensex over the past week and month. However, the stock's year-to-date performance shows a decline of -32.08%, while the Sensex has gained 4.09%. This disparity highlights the challenges the company faces, including poor management efficiency indicated by a low return on capital employed (ROCE) of 5.11% and a decrease in institutional investor participation. Despite these concerns, the stock's recent upward movement can be attributed to its strong operational results and consistent returns over the past three years, which have helped bolster investor confidence.