Why is National Fitting falling/rising?

As of 12-Jun, National Fittings Ltd's stock price is rising, currently at Rs. 198.25, reflecting an increase of Rs. 14.15 or 7.69%. The stock has recently hit a new 52-week high of Rs. 210 and has shown strong performance, gaining 31.86% over the last three days. It has outperformed its sector by 9.58% today and opened with a gain of 3.75%. The stock's year-to-date return stands at 46.80%, and it has consistently outperformed the benchmark Sensex over various periods, including a remarkable 270.91% increase over the last three years. Additionally, the company has a low debt-to-equity ratio of 0.10, positive quarterly results, and a return on equity of 7.2, indicating a fair valuation despite a slight decline in profits.
Broader market context shows that while the Sensex has only increased by 0.31% over the past week, National Fittings has surged by 16.62% in the same timeframe. This significant outperformance highlights the stock's strong momentum compared to the broader market. Furthermore, the castings/forgings sector has seen a decline of 2.02%, yet National Fittings continues to attract rising investor participation, evidenced by a 234.02% increase in delivery volume. This combination of strong individual performance and rising investor interest amidst a challenging sector backdrop contributes to the stock's upward trajectory.