Why is POCL Enterprises falling/rising?

As of 02-Jul, POCL Enterprises Ltd is experiencing a price increase, currently at 247.50, reflecting a rise of 1.25 or 0.51%. The stock has shown strong performance, gaining 15.22% over the last six days and outperforming its sector by 1.08% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the stock has demonstrated impressive returns, with a 163.44% increase over the past year and a staggering 2191.67% over the last three years. The company's healthy long-term growth, with net sales growing at an annual rate of 33.12% and operating profit at 90.08%, further supports its upward movement.
In the broader market context, POCL Enterprises has significantly outperformed the Sensex, which has only increased by 0.79% over the past week, while POCL's return for the same period is 14.27%. This stark contrast highlights the stock's strong momentum relative to the benchmark. The rising investor participation, evidenced by a 21.72% increase in delivery volume, suggests growing confidence among investors, which is likely contributing to the stock's upward trajectory. Overall, the combination of consistent returns, robust financial performance, and favorable market conditions is driving the stock's rise.