Why is Rainbow Foundat. falling/rising?

As of 14-Jul, Rainbow Foundations Ltd is experiencing a price increase, currently at Rs. 101.47, reflecting a rise of Rs. 1.98 or 1.99%. The stock has recently hit a new 52-week and all-time high, and it has outperformed its sector by 0.96%. Over the last three days, the stock has gained 6.11%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has shown impressive financial performance, with a net profit growth of 151.95% and positive results for the last eight consecutive quarters, contributing to a strong return of 301.07% over the past year.
In the broader market context, Rainbow Foundations Ltd has outperformed the Sensex, which has seen a decline of 1.42% over the past week, while the stock itself has increased by 1.91%. This indicates a strong relative performance against the benchmark. Despite the positive price movement, there is a noted decline in investor participation, with delivery volume falling by 87.76% against the 5-day average, which could suggest caution among investors. Nonetheless, the consistent returns over the last three years and the company's robust financial results support the stock's upward trajectory.