Why is Euro Asia Export falling/rising?

As of 28-Jul, Euro Asia Exports Ltd is experiencing a price increase, currently at Rs. 252.00, reflecting a rise of 4.9 (1.98%). 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, with a remarkable return of 51.22% over that period. Additionally, the stock has significantly outperformed the sector by 2.92%. Despite a notable decline in delivery volume by 69.23% against the 5-day average, the stock is trading above all key moving averages, indicating strong momentum. The recent financial results also support this upward trend, showcasing a staggering growth in net sales and high profitability metrics, alongside an increase in promoter holding to 15.32%.
In the broader market context, Euro Asia Exports Ltd has outperformed the benchmark, as evidenced by its 1-week return of +10.36% compared to the Sensex's -1.59% and a staggering year-to-date return of +1202.33% against the benchmark's +3.52%. This stark contrast highlights the stock's resilience and ability to generate substantial returns even when the broader market has faced challenges, such as the BSE500's negative returns of -2.52% over the past year. The combination of strong company performance and favorable market conditions has contributed to the stock's rising price.