Why is Laxmi Goldorna falling/rising?

As of 11-Jul, Laxmi Goldorna House Ltd's stock price is currently at Rs. 838.40, reflecting an increase of Rs. 4.95, or 0.59%. The stock has recently hit a new 52-week and all-time high of Rs. 844.9, indicating strong upward momentum. It has outperformed its sector by 1.8% today and is trading above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Over the past week, the stock has shown a remarkable return of 11.05%, and it has delivered an impressive 151.32% return over the past year. The company's operating profit has also grown at an annual rate of 63.42%, contributing to a healthy long-term growth outlook. However, there has been a decline in investor participation, with delivery volume falling by 27.05% compared to the 5-day average.
In the broader market context, while Laxmi Goldorna has shown strong performance, the benchmark Sensex has experienced a decline of 1.22% over the past week. This stark contrast highlights the stock's resilience and ability to attract investor interest despite broader market challenges. Furthermore, the stock has consistently outperformed the BSE500 over the last three years, reinforcing its position as a strong investment choice amidst fluctuating market conditions.