Why is Emergent Indust. falling/rising?

As of 30-Jun, Emergent Industrial Solutions Ltd is experiencing a price increase, currently priced at 694.05, reflecting a rise of 13.6 or 2.0%. The stock has shown strong performance, gaining 60.34% over the past month and 599.51% over the last year, significantly outperforming the Sensex, which has only increased by 7.00% in the same timeframe. The stock is also trading close to its 52-week high, just 0.24% away, and has been on a consecutive gain streak for the last 21 days. Despite underperforming its sector slightly today by -0.39%, the stock's trading activity indicates rising investor participation, with a notable increase in delivery volume.
In the broader market context, the stock's short-term return of +10.39% over the past week is substantially higher than the Sensex's increase of +2.09%, showcasing its strong market position. However, it is important to note that the company has faced challenges, including a significant decline in net sales of -72.94% and negative results reported in March 2025 after five consecutive quarters of losses. Despite these negative factors, the stock's low debt-to-equity ratio and healthy long-term growth in net sales and operating profit contribute to its rising price, indicating that investors may be optimistic about its future potential despite recent setbacks.