Why is D.P. Abhushan falling/rising?

As of 18-Jul, D.P. Abhushan Ltd's stock price is rising, currently at 1,616.35, reflecting an increase of 83.1 or 5.42%. The stock has shown strong performance today, outperforming its sector by 5.95% and reaching an intraday high of Rs 1,633.7, which is a 6.55% increase. Over the past week, the stock has gained 8.55%, and in the last month, it has risen by 13.42%. The company has demonstrated consistent growth, with net sales increasing at an annual rate of 28.40% and operating profit at 36.48%. Additionally, the company has reported positive results for the last nine consecutive quarters, contributing to the stock's upward momentum.
In the broader market context, while the BSE500 benchmark has generated negative returns of -0.36% over the past year, D.P. Abhushan has managed to achieve a return of 16.40% during the same period, indicating its strong market position. The stock is trading above all its moving averages, which suggests a bullish trend. Furthermore, rising investor participation, as evidenced by a 26.63% increase in delivery volume compared to the five-day average, supports the stock's positive trajectory. Overall, the combination of strong financial performance and favorable market conditions has contributed to the stock's rise.