Why is HBL Engineering falling/rising?

As of 10-Sep, HBL Engineering Ltd is experiencing a price increase, currently at Rs 867.95, reflecting a rise of 9.95 or 1.16%. The stock has recently hit a new 52-week and all-time high of Rs 880.05 and has outperformed its sector by 0.81%. Over the past two days, the stock has gained 3.78%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a decrease in delivery volume by 36.57% compared to the 5-day average, the company has demonstrated strong financial performance, with a significant annual growth rate in operating profit of 88.47% and positive quarterly results after two negative quarters.
In the broader market context, HBL Engineering's short-term return of 2.03% over the past week outpaces the Sensex, which has risen by 1.06%. The stock has shown remarkable long-term performance, with a 39.32% increase year-to-date and a staggering 832.28% rise over the past three years, significantly outperforming the benchmark index. This consistent performance, coupled with a low debt-to-equity ratio and strong operating profit margins, contributes to investor confidence and supports the stock's upward movement.