Why is Rainbow Foundat. falling/rising?

As of 04-Jul, Rainbow Foundations Ltd is experiencing a price increase, with its current price at Rs 97.62, reflecting a rise of 1.91 or 2.0%. The stock has reached a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last 14 days, accumulating a remarkable 106.21% return during this period. The company has reported very positive financial results, including a 151.95% growth in net profit and has consistently declared positive results for the last eight quarters. Additionally, the stock is trading above its moving averages, indicating strong momentum, although there has been a notable decline in investor participation, with delivery volume falling by 65.32% against the five-day average.
In the broader market context, Rainbow Foundations Ltd has significantly outperformed the benchmark Sensex, with a one-week return of +20.40% compared to the benchmark's -0.74%. Over the past month, the stock has risen by 91.41%, while the Sensex has only increased by 3.01%. This trend of market-beating performance is evident over longer periods as well, with the stock achieving a staggering 440.23% return over the past year against the Sensex's 4.23%. This strong performance relative to the market underscores the stock's appeal, despite the recent drop in trading volume.