Why is Forbes & Co falling/rising?

As of 17-Jul, Forbes & Company Ltd is experiencing a price increase, currently at Rs 468.00, reflecting a rise of 13.55 or 2.98%. The stock has shown strong performance, gaining 20.15% over the past week and outperforming its sector by 1.42% today. It opened with a gain of 2.31% and reached an intraday high of Rs 468.5. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, the company has demonstrated impressive financial results, including a 1091.99% growth in net profit and positive results for the last three consecutive quarters, which have likely contributed to investor confidence and the stock's recent gains.
In the broader market context, Forbes & Company Ltd's short-term performance significantly contrasts with the Sensex, which has declined by 1.12% over the past week. This divergence highlights the stock's resilience and strong investor interest, evidenced by a 192.38% increase in delivery volume compared to its 5-day average. While the stock has experienced a decline of 25.11% over the past year, its remarkable 194.81% increase over three years suggests a long-term growth trajectory that may be attracting investors despite recent volatility.