Why is Lloyds Metals falling/rising?

As of 24-Jul, Lloyds Metals & Energy Ltd is experiencing a price increase, currently at 1,537.90, reflecting a rise of 11.3 points or 0.74%. The stock has shown strong performance recently, gaining 4.47% over the past week and 0.72% over the last month. It is also close to its 52-week high, just 4.91% away from Rs 1,613.4. Despite a decrease in investor participation, with delivery volume dropping by 59.39% against the 5-day average, the stock has outperformed its sector by 0.41% today and has been on a consecutive gain streak for the last two days. The company's strong long-term fundamentals, highlighted by a high return on equity of 39.25% and significant growth in net sales and operating profit, contribute positively to its recent price movement.
In the broader market context, Lloyds Metals has outperformed the Sensex, which has seen a slight decline of 0.09% over the past week. The stock's year-to-date return of 24.90% significantly surpasses the Sensex's 5.18% increase, indicating strong market-beating performance. Additionally, over the past year, the stock has generated an impressive 117.29% return compared to the Sensex's modest 2.54%. This consistent outperformance in both the short and long term reinforces investor confidence, despite the recent drop in trading volume, suggesting that the stock remains attractive in the current market environment.