Why is Linc falling/rising?

As of 26-Jun, Linc Ltd's stock price is currently at 146.15, reflecting an increase of 0.75 or 0.52%. The stock has been gaining momentum recently, having outperformed its sector by 0.3% today and achieving a consecutive gain over the last three days, with a total return of 6.02% during this period. Additionally, Linc is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Despite a decline in delivery volume, which fell by 0.49% against the 5-day average, the company's low debt-to-equity ratio of 0.02 and strong quarterly results, including the highest net sales and operating profit margins, contribute to a favorable outlook. Furthermore, the increase in promoter stake by 1.59% signals rising confidence in the company's future performance.
In the broader market context, Linc Ltd's short-term performance over the past week shows a remarkable return of 15.72%, significantly outperforming the Sensex, which only increased by 2.94% during the same period. However, over the longer term, the stock has faced challenges, with a year-to-date decline of 9.25% compared to the Sensex's gain of 7.19%. This contrast highlights the stock's volatility and the potential for recovery, especially given the positive financial indicators and promoter confidence that may attract investor interest moving forward.