Why is Banco Products falling/rising?

As of 01-Jul, Banco Products (India) Ltd is experiencing a price increase, currently at Rs. 669.20, reflecting a rise of Rs. 29.45 or 4.6%. The stock has reached a new 52-week high of Rs. 678 today and has outperformed its sector by 4.54%. It has shown a strong performance over the last three days, gaining 13.8%, and opened with a gain of 2.75% today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Furthermore, the company has demonstrated a strong ability to service debt, evidenced by a low Debt to EBITDA ratio of 0.55 times, and has shown healthy long-term growth with an annual operating profit growth rate of 42.04%. The stock has generated impressive returns, including a 91.23% increase over the past year, outperforming the BSE500 consistently over the last three years.
In the broader market context, Banco Products has significantly outperformed the Sensex, with a 1-week return of 17.25% compared to the Sensex's 2.00% and a year-to-date return of 40.74% against the Sensex's 7.11%. This strong performance relative to the benchmark highlights the stock's robust market position and investor confidence. The rising investor participation, with a delivery volume increase of 455.01% against the 5-day average, further supports the stock's upward movement, indicating strong demand and liquidity in the market.