Why is Banco Products falling/rising?

As of 17-Sep, Banco Products (India) Ltd is experiencing a significant rise in its stock price, currently at Rs 743.40, reflecting an increase of Rs 53.45 or 7.75%. The stock has recently reached a new 52-week high of Rs 748.65 and has outperformed its sector by 7.79%. Over the past week, the stock has surged by 19.95%, and in the last month, it has gained 38.38%. Additionally, the company has demonstrated strong financial performance, with a low Debt to EBITDA ratio of 0.55 times, and impressive growth in operating profit at an annual rate of 50.62%. The latest six-month PAT has grown by 92.22%, and the stock has consistently generated substantial returns, outperforming the BSE500 over the last three years.
In the broader market context, Banco Products' short-term performance is notably superior to the benchmark Sensex, which has only increased by 1.56% over the past week. This stark contrast highlights the stock's strong momentum and investor confidence. Despite a slight decline in delivery volume, the stock remains liquid enough for trading, indicating ongoing interest. The overall positive financial indicators and consistent returns have contributed to the stock's upward trajectory, reinforcing its appeal to investors amidst a generally stable market environment.