Why is Lloyds Engineeri falling/rising?

As of 01-Jul, Lloyds Engineering Works Ltd is experiencing a price increase, currently at 74.39, which reflects a rise of 3.45 or 4.86%. The stock has shown impressive performance, gaining 32.48% over the last eight days and outperforming its sector by 4.61% today. It has consistently traded above its moving averages across various time frames, indicating strong upward momentum. Additionally, the company has demonstrated robust long-term growth, with net sales increasing at an annual rate of 45.86% and operating profit at 94.13%. The low debt-to-equity ratio and consistent returns over the past three years further bolster investor confidence, contributing to the stock's recent upward movement.
In the broader market context, Lloyds Engineering has significantly outperformed the benchmark Sensex, with a 1-week return of 25.94% compared to the Sensex's 2.00%. This trend of outperformance is evident across multiple time frames, including a 1-month return of 22.21% versus 2.76% for the Sensex, and a remarkable 3-year return of 629.04% compared to 58.19% for the benchmark. Such strong comparative performance highlights the stock's appeal to investors, especially in a market where it has consistently generated returns that exceed those of broader indices.