Why is POCL Enterprises falling/rising?

As of 27-Jun, POCL Enterprises Ltd is experiencing a price increase, currently at Rs 237.00, reflecting a rise of Rs 9.6 or 4.22%. The stock has shown strong performance today, outperforming its sector by 3.47% and achieving a consecutive gain over the last three days with a total return of 10.34%. It opened with a gain of 2.07% and reached an intraday high of Rs 238.5. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The recent increase in delivery volume by 33.06% against the 5-day average indicates rising investor participation. The company has demonstrated healthy long-term growth, with net sales growing at an annual rate of 33.12% and operating profit increasing significantly, contributing to the stock's positive momentum.
In the broader market context, POCL Enterprises has outperformed the Sensex in the short term, with a 1-week return of 8.72% compared to the benchmark's 2.00%. Year-to-date, the stock has also shown a robust performance with a return of 11.92%, surpassing the Sensex's 7.58%. The consistent returns over the past three years, including a remarkable 178.46% return in the last year, further highlight the stock's strength relative to the market. Overall, the combination of strong financial performance, positive investor sentiment, and favorable market conditions has contributed to the rising price of POCL Enterprises Ltd.