Why is Emergent Indust. falling/rising?

As of 11-Jul, Emergent Industrial Solutions Ltd's stock price is rising, currently at Rs 828.75, reflecting an increase of Rs 16.25 or 2.0%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 3.05%. It has shown impressive performance over the past week with a return of 10.35%, and a staggering 735.27% increase over the past year. Despite a significant drop in delivery volume, the stock has been on a consecutive gain streak for 21 days, accumulating a total return of 51.37% during this period. The company is also characterized by a low debt-to-equity ratio and strong long-term growth, with net sales growing at an annual rate of 36.88% and operating profit at 54.49%, contributing positively to its recent price movement.
In the broader market context, Emergent Industrial Solutions Ltd has significantly outperformed the Sensex, which has seen a decline of 1.12% over the past week. The stock's remarkable year-to-date return of 124.59% further emphasizes its strong market position compared to the benchmark's modest gain of 5.58%. However, it is important to note that the company has faced challenges, including a drastic fall in net sales and negative results reported in March, which could pose risks to its valuation. Despite these negatives, the stock's overall market-beating performance and strong growth metrics have contributed to its rising price.