Why is Lucent Industrie falling/rising?

As of 04-Aug, Lucent Industries Ltd's stock price is currently at 1,075.00, reflecting an increase of 26.05 (2.48%). The stock has shown a positive trend recently, gaining 5.39% over the last two days, despite opening lower today with a loss of -2.66%. It reached an intraday high of Rs 1101.35, indicating some volatility. Over the past month, the stock has performed well with a return of +7.30%, and it has significantly outperformed the BSE500 over the last year with a remarkable return of 728.20%. The company has also reported positive financial results, including the highest quarterly PBDIT, PBT, and PAT, which likely contribute to investor confidence and support the recent price increase.
In the broader market context, while Lucent Industries has experienced a decline of -6.20% over the past week, the benchmark Sensex has only increased by +0.16%, indicating that the stock's recent performance is somewhat isolated from the overall market trend. The stock's liquidity remains adequate, but there has been a notable decrease in investor participation, with delivery volume dropping by -78.5% against the five-day average. This decline in participation may raise concerns about sustained momentum, despite the stock's strong historical performance and recent gains.