Why is Lloyds Metals falling/rising?

As of 27-Jun, Lloyds Metals & Energy Ltd's stock price is currently at 1,549.00, reflecting an increase of 1.55 (0.1%). The stock has recently hit a new 52-week and all-time high of Rs.1562, indicating strong upward momentum. Over the past week, the stock has gained 5.41%, and in the last month, it has risen by 14.39%. The stock has been on a consecutive gain streak for the last two days, with a total return of 1.98% during this period. Additionally, the company has demonstrated strong long-term fundamentals, with a remarkable average Return on Equity (ROE) of 39.25%, and healthy growth in net sales and operating profit. The low debt-to-equity ratio further supports its stability, contributing positively to investor confidence.
In the broader market context, Lloyds Metals has significantly outperformed the benchmark Sensex, which has only increased by 2.00% over the past week and 3.07% over the past month. The stock's year-to-date return of 25.80% also surpasses the Sensex's 7.58% gain, highlighting its strong performance relative to the market. The rising investor participation, evidenced by a 90.88% increase in delivery volume, suggests growing interest in the stock, which is likely contributing to its upward price movement. Overall, the combination of strong stock performance, positive fundamentals, and favorable market conditions has led to the recent rise in Lloyds Metals' stock price.