Why is IMEC Services falling/rising?

As of 30-Jun, IMEC Services Ltd is experiencing a price increase, currently at Rs. 107.02, reflecting a rise of 2.09 (1.99%). The stock has shown impressive performance, gaining 50.73% over the past month and achieving a new 52-week and all-time high today. It has outperformed its sector by 1.99% and has been on a consecutive gain streak for the last 21 days. Despite a significant drop in investor participation, with delivery volume decreasing by 70.16%, the company has reported outstanding financial results, including a net profit growth of 2685.23% and positive results for the last two consecutive quarters, which have likely contributed to the stock's upward momentum.
In the broader market context, IMEC Services has significantly outperformed the Sensex, which has only increased by 2.09% over the past week, while IMEC's stock has surged by 10.36% in the same period. This stark contrast highlights the strength of IMEC Services in the current market environment. The company's solid financial performance, coupled with its strong returns over various time frames, including a staggering 4924.41% increase over three years, positions it favorably compared to the benchmark, reinforcing investor confidence despite the recent decline in trading volume.