Why is Lucent Industrie falling/rising?

As of 01-Jul, Lucent Industries Ltd is experiencing a price increase, currently at Rs 882.45, which reflects a rise of Rs 42.0 or 5.0%. The stock has hit a new 52-week and all-time high today, outperforming its sector by 4.6%. It has shown consistent gains over the last two days, with a total return of 10.24% during this period. Additionally, Lucent Industries has demonstrated impressive performance over various time frames, with a staggering 613.67% return over the past year and 6049.48% over the last three years. Positive financial results, including the highest quarterly PBDIT, PBT, and PAT, have contributed to the stock's upward momentum, despite a notable decline in investor participation as indicated by a significant drop in delivery volume.
In the broader market context, Lucent Industries has significantly outperformed the Sensex, which has only increased by 2.00% over the past week and 7.11% year-to-date, compared to Lucent's remarkable 18.39% and 45.14% returns, respectively. This stark contrast highlights the stock's strong performance relative to the benchmark, reinforcing investor confidence. The liquidity of the stock remains adequate for trading, although the recent drop in delivery volume may raise concerns about sustained investor interest. Overall, the combination of strong financial results and exceptional historical performance has driven the stock's rise, despite the recent decline in trading activity.