Why is Frontier Springs falling/rising?

As of 13-Nov, Frontier Springs Ltd is experiencing a price increase, currently at 4,658.45, which reflects a rise of 377.45 or 8.82%. The stock has shown strong performance today, outperforming its sector by 9.17% and achieving a consecutive gain over the last two days with a total return of 12.3%. It reached an intraday high of Rs 4700, indicating significant upward momentum. Over the past week, the stock has gained 7.36%, and year-to-date, it has surged by an impressive 105.63%. The company has consistently delivered positive results, with a net profit growth of 111.17% and has reported outstanding results for the last eight consecutive quarters, contributing to investor confidence and the stock's upward trajectory.
In the broader market context, Frontier Springs' recent performance has significantly outpaced the benchmark Sensex, which has only increased by 1.40% over the past week. This stark contrast highlights the stock's strong relative strength, particularly given its remarkable 125.60% return over the past year compared to the Sensex's 8.74%. Despite a slight decline in investor participation, as indicated by a 5.14% drop in delivery volume, the stock remains liquid and continues to attract attention due to its low debt-to-equity ratio and consistent returns over the past three years. Overall, the combination of strong financial results and robust historical performance has contributed to the stock's rising price.