Why is Faze Three falling/rising?

As of 14-Jul, Faze Three Ltd's stock price is rising, currently at Rs 707.65, reflecting an increase of Rs 53.65 or 8.2%. The stock has recently hit a new 52-week and all-time high of Rs 735.8, demonstrating strong performance with a 16.14% return over the last two days. It has outperformed its sector by 8.72% today and has shown impressive returns over various periods, including a 59.38% increase year-to-date and a 130.58% increase over the last three years. The company has also reported positive financial results after four consecutive quarters of losses, with net sales and profit metrics reaching their highest levels, contributing to investor confidence.
In the broader market context, Faze Three's short-term performance significantly outpaces the benchmark, with a 20.97% return over the past week compared to a -1.42% decline in the Sensex. This stark contrast highlights the stock's strong market position and investor interest, particularly as the company has demonstrated a solid ability to service its debt with a low Debt to EBITDA ratio. The rising investor participation, indicated by a substantial increase in delivery volume, further supports the stock's upward trajectory, suggesting that market sentiment remains positive despite broader market fluctuations.