Why is LKP Finance falling/rising?

As of 07-Jul, LKP Finance Ltd's stock price is currently at Rs. 543.70, reflecting an increase of Rs. 3.7 or 0.69%. The stock has recently hit a new 52-week and all-time high of Rs. 564.8 today, indicating strong upward momentum. Despite opening with a loss of 4.77%, it has shown resilience by gaining 4.4% over the last three days. The stock has outperformed its sector by 0.92% today, and its performance over various periods is impressive, with a year-to-date return of 156.34% and a one-year return of 228.82%. Additionally, rising investor participation is evident, with a significant increase in delivery volume, suggesting growing interest in the stock.
In the broader market context, LKP Finance's short-term return of 1.72% over the past week stands in contrast to the Sensex, which has declined by 0.20%. This indicates that LKP Finance is performing well relative to the overall market. The stock's strong performance over multiple timeframes, including a staggering 602.00% increase over three years, further highlights its robust growth compared to the benchmark's 54.01% increase during the same period. Overall, the combination of positive investor sentiment, strong trading volumes, and significant historical returns contributes to the stock's rising price.