Why is Faze Three falling/rising?

As of 24-Jun, Faze Three Ltd's stock price is rising, currently at Rs 582.00, reflecting an increase of Rs 19.15 or 3.4%. The stock has shown strong performance today, outperforming its sector by 2.36% and achieving a consecutive gain over the last three days with a total return of 6.34%. Additionally, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Despite a recent decline in delivery volume, the company has reported its highest quarterly net sales and profits after four consecutive negative quarters, which likely contributes to the current upward momentum.
In the broader market context, Faze Three's short-term return of 5.25% over the past week significantly outpaces the Sensex's return of 0.58% during the same period. This performance is indicative of the company's ability to generate substantial returns, as evidenced by its 34.69% return over the past year, which also surpasses the benchmark's performance. The company's low Debt to EBITDA ratio suggests a strong capacity to manage its debt, further enhancing investor confidence. Overall, the combination of positive financial results and strong relative performance against the market has contributed to the stock's rising price.