Why is Lloyds Metals falling/rising?

As of 30-Jun, Lloyds Metals & Energy Ltd's stock price is rising, currently at 1,587.50, reflecting an increase of 38.5 or 2.49%. The stock has recently hit a new 52-week and all-time high of Rs. 1601.65, demonstrating strong performance with a 4.51% gain over the last three days. It has outperformed its sector by 2.49% today and is trading above all key moving averages, indicating bullish momentum. The company has shown impressive long-term growth, with net sales increasing at an annual rate of 126.94% and operating profit at 400.13%. Additionally, the stock has consistently generated significant returns, outperforming the BSE 500 over the last three years, which supports its positive trajectory.
In the broader market context, Lloyds Metals has outperformed the Sensex in both the short-term and long-term, with a 5.59% increase over the past week compared to the Sensex's 2.09%. Year-to-date, the stock has risen by 28.93%, significantly higher than the Sensex's 7.00%. This strong performance is bolstered by rising investor participation, as evidenced by an increase in delivery volume. The company's low debt-to-equity ratio and strong return on equity of 39.25% further enhance investor confidence, contributing to the stock's upward movement.