Why is Lucent Industrie falling/rising?

As of 24-Jun, Lucent Industries Ltd is experiencing a price increase, currently at Rs. 745.40, which reflects a rise of Rs. 35.45 or 4.99%. The stock has reached a new 52-week and all-time high today, and it has been on a positive trajectory, gaining 13.8% over the past week. The stock has consistently outperformed its sector by 3.87% today and has shown strong performance metrics, including the highest quarterly PBDIT, PBT, and PAT reported. Additionally, it has generated an impressive 514.86% return over the past year and has consistently outperformed the BSE 500 index over the last three years.
In the broader market context, Lucent Industries' recent performance stands in stark contrast to the Sensex, which has only increased by 0.58% over the past week. This significant outperformance highlights the stock's strong momentum relative to the market. However, it is worth noting that there has been a decline in investor participation, with delivery volume dropping by 19.07% against the five-day average, which could indicate a potential concern for future trading activity. Despite this, the stock's liquidity remains adequate for trading, and its position above various moving averages suggests a strong bullish trend in the short term.