Why is Anant Raj falling/rising?

As of 04-Aug, Anant Raj Ltd's stock price is currently at 565.00, reflecting an increase of 1.15 (0.2%). Today's price summary indicates that the stock has gained after three consecutive days of decline, although it underperformed its sector by 1.27%. The stock's performance over the past week shows a modest increase of 0.36%, while it has outperformed the benchmark Sensex over the past month with a return of 3.21%. Despite a significant year-to-date decline of 33.89%, 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 movement.
In the broader market context, Anant Raj's short-term performance has been favorable compared to the Sensex, which has declined by 2.89% over the past month. The stock's liquidity remains adequate for trading, despite a notable drop in delivery volume, which fell by 60.07% against the five-day average. The stock is currently trading above its 50-day and 100-day moving averages, although it is below the 5-day, 20-day, and 200-day moving averages. This mixed technical positioning, combined with the company's strong historical performance and recent positive financial results, suggests that while there are challenges, the stock's recent rise may be supported by its solid fundamentals and potential for recovery.