Why is Lucent Industrie falling/rising?

As of 04-Jul, Lucent Industries Ltd's stock price is rising, currently at 1,001.90, reflecting an increase of 29.05 or 2.99%. The stock has demonstrated strong performance recently, with a new 52-week and all-time high of Rs 1021.4 reached today. It has outperformed its sector by 1.8% and has gained 25.17% over the past week. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Positive financial results reported for March 25, including the highest quarterly PBDIT, PBT, and PAT, have contributed to the stock's robust performance, alongside consistent returns over the past three years, where it has outperformed the BSE500 in each of the last three annual periods.
In the broader market context, Lucent Industries' short-term return of +25.17% over the past week significantly contrasts with the Sensex, which has declined by 0.74% during the same period. This stark difference highlights the stock's strength relative to the broader market. While the stock has been gaining, there is a noted decline in investor participation, with a 5.86% drop in delivery volume against the 5-day average, which could be a concern for future liquidity. Nonetheless, the overall performance and recent highs suggest strong investor confidence in Lucent Industries despite the slight decrease in trading volume.