Why is IMEC Services falling/rising?

As of 26-Jun, IMEC Services Ltd is experiencing a price increase, currently at 102.88, reflecting a change of 2.01 (1.99%) upward. The stock has reached a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last 19 days, accumulating a remarkable 44.9% return during this period. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. Additionally, the company has shown outstanding financial performance, with a net profit growth of 2685.23% and positive results for the last two consecutive quarters, contributing to investor confidence and driving the stock's price higher.
In the broader market context, IMEC Services has significantly outperformed the benchmark, with a 10.37% return over the past week compared to the Sensex's 2.94%. Over the last month, the stock has surged by 47.58%, while the Sensex has only increased by 1.92%. This trend of market-beating performance is evident over longer periods as well, with the stock generating a staggering 1305.46% return in the last year, far exceeding the Sensex's 6.46%. The rising investor participation, evidenced by a substantial increase in delivery volume, further supports the stock's upward trajectory, indicating strong demand and liquidity in the market.