Why is Lucent Industrie falling/rising?

As of 26-Jun, Lucent Industries Ltd is experiencing a significant rise in its stock price, currently at Rs 821.75, which reflects an increase of Rs 39.1 or 5.0%. The stock has reached a new 52-week and all-time high today, and it has been on a consecutive gain streak for the past seven days, accumulating a total return of 25.46% during this period. Additionally, the stock is trading above all key moving averages, indicating strong upward momentum. The company has reported positive financial results, with record high figures in PBDIT, PBT, and PAT for the quarter ending March 25, contributing to investor confidence and driving the stock's performance.
In the broader market context, Lucent Industries has significantly outperformed the Sensex, with a 1-week return of 21.74% compared to the benchmark's 2.94%, and a year-to-date return of 35.16% versus the Sensex's 7.19%. This strong performance highlights the stock's resilience and attractiveness to investors, particularly given its consistent returns over the last three years, where it has outperformed the BSE 500 in each of the last three annual periods. The rising investor participation, evidenced by a 54.64% increase in delivery volume, further supports the stock's upward trajectory, indicating robust market interest and liquidity.