Why is Dilip Buildcon falling/rising?

As of 09-Jun, Dilip Buildcon Ltd. is experiencing a rise in its stock price, currently at 536.40, reflecting an increase of 46.0 points or 9.38%. The stock has shown strong performance today, outperforming its sector by 8.4% and achieving a consecutive gain over the last two days with a total return of 9.57%. It reached an intraday high of Rs 540.5, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a significant drop in delivery volume by 69.2% compared to the 5-day average, the stock remains liquid enough for trading. Over the past week, the stock has gained 10.29%, and year-to-date, it has risen by 19.55%, indicating robust performance relative to the benchmark.
In the broader market context, Dilip Buildcon's recent returns significantly outpace those of the Sensex, which has only increased by 1.32% over the past week. The company has reported exceptional financial results, including a staggering 10299.25% growth in net profit and positive results for the last 11 consecutive quarters. With a return on capital employed (ROCE) of 13.4 and a favorable valuation compared to peers, the stock is technically in a mildly bullish range, supported by positive indicators such as MACD and Bollinger Bands. This combination of strong financial performance and technical indicators contributes to the stock's rising price, positioning it favorably in both short-term and long-term comparisons against the market.