Why is Elantas Beck falling/rising?

As of 11-Jul, Elantas Beck India Ltd's stock price is rising, currently at 13,791.10, reflecting an increase of 1,331.1 or 10.68%. The stock has shown strong performance today, outperforming its sector by 12.03% and achieving a consecutive gain over the last four days, with a total return of 20.97% during this period. The stock reached an intraday high of Rs 13,986, indicating significant upward momentum. Additionally, it has consistently outperformed the benchmark Sensex over various periods, including a remarkable 220.72% increase over the last three years. The company also boasts high management efficiency, evidenced by a return on equity (ROE) of 15.14%, and a low debt-to-equity ratio, contributing positively to investor confidence.
Broader Market Context: In contrast to the broader market, which has seen a slight decline of 1.12% over the past week, Elantas Beck's stock has surged by 15.70%, highlighting its strong relative performance. The stock's year-to-date return of 7.74% also exceeds the Sensex's 5.58%, further illustrating its resilience and attractiveness to investors. The rising delivery volume, which increased by 122.71% against the five-day average, indicates growing investor participation and confidence in the stock, reinforcing its upward trajectory amidst a generally volatile market environment.