Why is Lloyds Engineeri falling/rising?

As of 04-Aug, Lloyds Engineering Works Ltd is experiencing a price increase, currently at Rs 71.43, reflecting a change of 2.42 or 3.51% upward. The stock has outperformed its sector by 0.66% today, reaching an intraday high of Rs 71.6. Despite a decline of 11.20% over the past month, the stock has shown a strong year-to-date performance with a gain of 5.27%. The company benefits from a low debt-to-equity ratio of 0.05 times and impressive long-term growth metrics, with net sales increasing at an annual rate of 54.11% and operating profit at 86.24%. However, there has been a notable decrease in investor participation, with delivery volume falling by 40.98% compared to the five-day average.
In the broader market context, the stock's short-term performance over the past week shows a gain of 0.42%, which is significantly better than the Sensex's increase of only 0.16%. The steel sector, in which Lloyds operates, has also seen a rise of 2.9%, contributing to the positive sentiment around the stock. While the stock's performance over the last month has been negative compared to the benchmark, its strong year-to-date performance and solid fundamentals suggest resilience in the face of broader market fluctuations.