Why is POCL Enterprises falling/rising?

As of 31-Jul, POCL Enterprises Ltd is currently priced at 247.35, reflecting an increase of 1.1, or 0.45%. The stock has shown positive momentum, gaining 1.46% over the last two days and outperforming its sector by 2.7% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong short-term performance. Additionally, the company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 33.12% and operating profit rising by 90.08%. The latest financial results show a significant growth in net sales and operating profit, further supporting the stock's upward movement.
In the broader market context, POCL Enterprises has outperformed the Sensex, with a 1-week return of +1.48% compared to the benchmark's -1.22%. Over the past month, the stock has also shown resilience, gaining 0.45% while the Sensex declined by 3.00%. Despite a recent drop in investor participation, as indicated by a 42.3% decrease in delivery volume, the stock's liquidity remains adequate for trading. Overall, the strong performance relative to the benchmark and positive financial indicators contribute to the stock's rising price.