Why is Diffusion Eng falling/rising?

As of 25-Jun, Diffusion Engineers Ltd is experiencing a price increase, currently at Rs 318.30, reflecting a rise of Rs 6.2 or 1.99%. The stock has shown strong performance recently, gaining 7.84% over the last four days and outperforming its sector by 1.27% today. Additionally, it has touched an intraday high of Rs 322.55. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The company has reported its highest quarterly net sales at Rs 102.45 crore and a strong profit before tax of Rs 12.97 crore, contributing to the stock's upward momentum. Furthermore, the low debt-to-equity ratio suggests financial stability, which can attract investors.
In the broader market context, Diffusion Engineers Ltd has outperformed the Sensex over the past week and month, with returns of 4.70% and 15.01%, respectively, compared to the Sensex's 1.61% and 1.27%. However, the stock has underperformed year-to-date, with a decline of 4.07% against the Sensex's gain of 5.91%. The significant increase in delivery volume, which rose by 253.52% against the 5-day average, indicates rising investor participation, further supporting the stock's upward trajectory. Overall, the combination of strong financial performance, positive market sentiment, and increased trading activity is driving the stock's price rise.