Why is Bright Brothers falling/rising?

As of 07-Jul, Bright Brothers Ltd is experiencing a significant rise in its stock price, currently at 378.20, which reflects an increase of 24.5 or 6.93%. The stock has shown strong performance today, outperforming its sector by 6.97% and opening with a gain of 2.59%. It reached an intraday high of Rs 389, marking a rise of 9.98%. Over the past week, the stock has increased by 10.26%, and in the last month, it has risen by 16.37%. The company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 138.13%, and it has reported positive results for the last five consecutive quarters. The stock is trading at a discount compared to its peers, and its impressive return of 144.00% over the past year, alongside a significant profit increase of 278.6%, supports its upward movement.
In the broader market context, while the Sensex has seen a slight decline of 0.20% over the past week, Bright Brothers has managed to outperform this benchmark significantly. The stock's performance is particularly notable given its strong returns over longer periods, including a 154.68% increase over three years. Despite a recent drop in investor participation, as indicated by a 62.09% decrease in delivery volume, the stock remains liquid enough for trading. Overall, the combination of strong financial performance, attractive valuations, and a history of beating market benchmarks contributes to the stock's rising price.