Why is Lloyds Engineeri falling/rising?

As of 27-Jun, Lloyds Engineering Works Ltd is experiencing a price increase, currently at 68.53, reflecting a rise of 4.28 or 6.66%. The stock has shown strong performance recently, gaining 22.05% over the last six days and outperforming its sector by 6.84% today. It has also reached an intraday high of Rs 72, indicating significant upward momentum. The stock's returns over various periods are impressive, with a 19.64% increase over the past week and a staggering 714.90% over the last three years. Additionally, the company has a low debt-to-equity ratio of 0.05 times and has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 45.86% and operating profit at 94.13%.
In the broader market context, while the Sensex has gained 2.00% over the past week, Lloyds Engineering's performance of 19.64% significantly outpaces this benchmark, highlighting its strong relative strength. The stock has consistently outperformed the BSE 500 over the last three years, contributing to investor confidence. The recent surge in delivery volume, which increased by 450.83% against the five-day average, suggests rising investor participation, further supporting the stock's upward trajectory. Overall, the combination of strong financial performance, low debt levels, and positive market sentiment has contributed to the stock's rising price.