Why is Emergent Indust. falling/rising?

As of 03-Jul, Emergent Industrial Solutions Ltd is experiencing a rise in its stock price, currently at 736.35, reflecting an increase of 14.4 or 1.99%. The stock has reached a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last 21 days, accumulating a remarkable 51.42% return during this period. Additionally, the stock has significantly outperformed the benchmark Sensex, with a 1-week return of +10.37% compared to the benchmark's -0.62%. Despite a recent drop in delivery volume, the company maintains a low debt-to-equity ratio and has shown healthy long-term growth, with net sales increasing at an annual rate of 36.88% and operating profit at 54.49%. However, it is important to note that the company declared negative results in March 2025, following five consecutive quarters of losses, which may raise concerns among investors.
In the broader market context, Emergent Industrial Solutions Ltd's strong performance stands in stark contrast to the Sensex, which has only increased by 3.10% over the past month and 6.53% year-to-date. The stock's impressive year-to-date return of 99.55% and a staggering 642.14% return over the past year further highlight its market-beating performance. While the stock is trading at a premium compared to its peers, the significant returns it has generated may attract investors despite the recent negative financial results. Overall, the stock's upward movement can be attributed to its strong historical performance and growth potential, even as it faces challenges from recent financial disclosures.