Why is Lloyds Enterpris falling/rising?

As of 10-Jul, Lloyds Enterprises Ltd's stock price is currently at Rs 93.00, reflecting an increase of Rs 3.83 or 4.3%. The stock has been performing well, having outperformed its sector by 3.7% today and is only 3.65% away from its 52-week high of Rs 96.39. Over the past week, the stock has gained 0.63%, and in the last month, it has surged by 31.56%. Despite a recent decline in investor participation, with delivery volume falling by 15.31% against the 5-day average, the company has demonstrated strong long-term growth with net sales increasing at an annual rate of 331.08% and operating profit at 128.77%. However, it is important to note that the company has experienced a significant drop in profits, with a 55% decline in PAT for the quarter, which may raise concerns about its valuation.
In the broader market context, Lloyds Enterprises has outperformed the Sensex, which has seen a slight decline of 0.06% over the past week. The stock's impressive year-to-date return of 88.68% and a staggering 129.80% return over the past year further highlight its strong performance relative to the benchmark, which has only increased by 6.46% during the same period. Despite these positive indicators, the stock's high valuation compared to its peers and the low stake held by domestic mutual funds may indicate caution among investors. Overall, while the stock is currently rising, the mixed signals regarding profitability and valuation could influence future movements.