Why is Faze Three falling/rising?

As of 01-Aug, Faze Three Ltd's stock price is currently at 619.00, reflecting an increase of 8.05 (1.32%). Today's price summary indicates that the stock has outperformed its sector by 4.07% and has experienced a trend reversal, gaining after two consecutive days of decline. The stock reached an intraday high of Rs 638.4, marking a 4.49% increase. In terms of performance over various periods, the stock has shown a year-to-date increase of 39.41% and a one-year increase of 21.66%, both outperforming the benchmark Sensex, which has seen a return of 3.15% and a decline of 1.55% respectively. Additionally, the company has demonstrated strong financial results, with significant growth in profit after tax, profit before tax, and net sales, which has likely contributed to positive investor sentiment.
In the broader market context, while the textile sector has faced a decline of 2.86%, Faze Three Ltd has managed to maintain its upward trajectory, indicating resilience against sector-wide challenges. The stock's liquidity is also favorable, with a significant increase in delivery volume, suggesting rising investor participation, particularly from institutional investors who have increased their stake. This growing interest from institutional investors, combined with the company's ability to service debt effectively, reinforces the stock's strong fundamentals and supports its recent price movement.