Why is Euro Asia Export falling/rising?

As of 23-Jul, Euro Asia Exports Ltd is experiencing a price increase, currently at Rs 237.55, reflecting a rise of 4.65 or 2.0%. The stock has reached a new 52-week and all-time high today, outperforming its sector by 1.98%. It has shown remarkable performance over the past 21 days, gaining 51.21%, and has consistently traded above its moving averages for 5, 20, 50, 100, and 200 days. The company has reported significant growth in net sales and profitability, with promoter holding increasing to 15.32%, contributing positively to investor sentiment and the stock's upward trajectory.
In the broader market context, Euro Asia Exports Ltd has outperformed the benchmark Sensex significantly, with a 1-week return of 10.36% compared to the Sensex's 0.11%, and a staggering 1-year return of 1374.55% against the BSE500's 1.79%. This strong performance highlights the stock's resilience and attractiveness to investors, despite a recent decline in delivery volume, which has fallen by 73.54% against the 5-day average. Overall, the combination of strong financial results, increased promoter confidence, and substantial returns relative to the market has driven the stock's price rise.