Why is Banco Products falling/rising?

As of 02-Jul, Banco Products (India) Ltd is experiencing a price increase, currently at Rs 672.25, reflecting a rise of 3.05 or 0.46%. The stock has shown strong performance recently, gaining 14.32% over the last four days, and is only 0.86% away from its 52-week high of Rs 678. Despite underperforming its sector by 0.31% today, the stock is trading above all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day). The company has demonstrated robust financial health, with a low Debt to EBITDA ratio of 0.55 times and a significant annual growth rate of 42.04% in operating profit. Additionally, it has consistently outperformed the BSE500 over the last three years, generating a remarkable 97.52% return in the past year.
In the broader market context, Banco Products has significantly outperformed the Sensex, with a 1-week return of 12.34% compared to the benchmark's 0.79%. Over the past month, the stock has increased by 20.36%, while the Sensex has only risen by 2.50%. This strong relative performance indicates a positive sentiment among investors, further supported by a notable increase in delivery volume, which rose by 118.7% against the 5-day average. The liquidity of the stock is also favorable, allowing for substantial trade sizes, which may contribute to its upward price movement.