Why is Apollo Micro Sys falling/rising?

As of 04-Sep, Apollo Micro Systems Ltd is experiencing a price increase, currently at Rs. 312.70, reflecting a rise of Rs. 9.1 or 3.0%. The stock has recently hit a new 52-week high of Rs. 315 and has shown strong performance, gaining 28.95% over the past week and 80.96% over the past month. Despite a slight decline in delivery volume, the stock has consistently outperformed its sector by 3.58% today and has been on an upward trend for the last five days. The company has demonstrated robust long-term growth, with operating profit increasing at an annual rate of 30.83%, and has reported positive results for the last eight consecutive quarters, contributing to its strong performance.
In the broader market context, Apollo Micro Systems has significantly outperformed the benchmark Sensex, which has only increased by 0.80% over the past week. The stock's year-to-date return of 170.97% and a remarkable 206.42% return over the past year further highlight its strong performance relative to the market. This consistent outperformance, along with healthy financial metrics such as a 115.72% growth in profit before tax and a return on capital employed of 12.39%, positions Apollo Micro Systems favorably against broader market trends, reinforcing investor confidence and driving the stock's price upward.