Why is Faze Three falling/rising?

As of 15-Jul, Faze Three Ltd's stock price is rising, currently at Rs. 712.80, reflecting an increase of 5.15 (0.73%). The stock has shown strong performance recently, gaining 16.99% over the last three days and achieving a new 52-week high of Rs. 745.1 today. It has outperformed the benchmark indices significantly over various periods, including a 60.54% increase year-to-date and a remarkable 1978.13% rise over the last five years. Additionally, the company has reported positive financial results after several quarters of decline, with net sales and profits reaching their highest levels, which has likely contributed to investor confidence and the stock's upward movement.
In the broader market context, Faze Three's short-term performance stands in stark contrast to the Sensex, which has declined by 1.36% over the past week. This divergence highlights the stock's strong market position and investor interest, particularly as it has consistently outperformed the BSE500 over the last three years and one year. The rising investor participation, indicated by a significant increase in delivery volume, further supports the stock's upward trajectory, suggesting that market sentiment remains positive despite the sector's overall underperformance today.