Why is Lloyds Metals falling/rising?

As of 04-Jul, Lloyds Metals & Energy Ltd is experiencing a price increase, currently at 1,548.50, reflecting a rise of 12.0 points or 0.78%. The stock has shown a strong performance recently, having outperformed its sector by 1.42% today and has been gaining for the last two days, accumulating a total return of 1.58% during this period. Over the past month, the stock has increased by 3.31%, and it has delivered an impressive 99.99% return over the last year, significantly outperforming the BSE500 index. Despite this positive trend, there has been a notable decline in investor participation, with delivery volume dropping by 63.65% against the five-day average, which could indicate waning interest among investors.
In the broader market context, the stock's short-term performance is relatively stable compared to the benchmark, as it has managed to achieve a slight positive return of -0.03% over the past week while the Sensex has declined by 0.74%. The company's strong long-term fundamentals, including a high average Return on Equity (ROE) of 39.25% and significant growth in net sales and operating profit, support its rising stock price. Additionally, the low debt-to-equity ratio and consistent returns over the past three years further bolster investor confidence. Overall, while the stock is currently rising, the drop in delivery volume may warrant attention as it could affect future price movements.