Why is Faze Three falling/rising?

As of 24-Jul, Faze Three Ltd's stock price is currently at 731.25, reflecting an increase of 28.75 or 4.09%. The stock has recently reached a new 52-week and all-time high of Rs. 747, demonstrating strong performance with a day’s high of Rs. 747, which is a 6.33% increase. Over the past week, the stock has risen by 5.22%, and it has shown impressive returns of 25.64% over the past month and 64.70% year-to-date. The company has reported positive financial results after a series of negative quarters, with significant growth in profit after tax, profit before tax, and net sales, which has likely contributed to the stock's upward momentum.
In the broader market context, Faze Three's recent performance has outpaced the Sensex, which has seen a slight decline of 0.09% over the past week. The stock's ability to outperform the sector by 4.07% today indicates strong investor confidence. Despite a decrease in delivery volume by 17.25% against the 5-day average, the stock remains liquid enough for trading, suggesting ongoing interest. Overall, Faze Three's strong financial results, coupled with its historical performance that has consistently beaten the benchmark indices, contribute to the stock's rising price.