Why is IMEC Services falling/rising?

As of 25-Jul, IMEC Services Ltd is experiencing a price increase, currently at Rs. 155.55, reflecting a rise of 3.05 or 2.0%. The stock has reached a new 52-week and all-time high today, having outperformed its sector by 3.8%. It has shown remarkable performance over the past 21 days, gaining 51.2% during this period. Additionally, the stock has demonstrated significant long-term growth, with a staggering 1925.39% return over the past year and 7101.39% over the last three years. The company has also reported outstanding financial results, including a net profit growth of 2685.23% and positive results for the last two consecutive quarters, which have contributed to the stock's upward momentum.
In the broader market context, IMEC Services has significantly outperformed the Sensex, which has seen a decline of 0.36% over the past week and 1.56% over the past month, while IMEC has risen by 10.32% and 54.21% respectively in the same time frames. This stark contrast highlights the stock's strong performance relative to the market. However, it is worth noting that there has been a decline in investor participation, with delivery volume dropping by 96.7% against the five-day average, which could indicate potential concerns about sustainability in the stock's upward trajectory. Despite this, the liquidity remains sufficient for trading, suggesting that the stock is still accessible to investors.