Why is ASM Technologies falling/rising?

As of 21-Jul, ASM Technologies Ltd's stock price is rising, currently at 3,120.05, reflecting an increase of 210.85 or 7.25%. The stock has recently hit a new 52-week and all-time high of Rs 3,200, demonstrating strong performance with a 10% intraday gain. Over the past week, the stock has outperformed the sector by 7.75% and has shown a remarkable increase of 23.10% over the last month. Additionally, the company has reported impressive financial metrics, including a 193.32% growth in net profit and a low Debt to EBITDA ratio of 1.28, indicating strong financial health. However, despite these positive indicators, there is a noted decline in investor participation, with delivery volume decreasing by 7.15% against the five-day average.
Broader Market Context: In comparison to the Sensex, which has seen a slight decline of 0.06% over the past week, ASM Technologies has significantly outperformed the benchmark with a return of 11.84%. This strong performance is further highlighted by the stock's year-to-date return of 127.91%, vastly exceeding the Sensex's 5.20%. The company's ability to consistently deliver positive results over the last four quarters and its strong operational growth contribute to its favorable market position, despite the relatively low domestic mutual fund ownership, which may indicate some caution among institutional investors.