Why is RIR Power Electr falling/rising?

As of 25-Jul, RIR Power Electronics Ltd is experiencing a significant rise in its stock price, currently at Rs 292.90, reflecting a change of 148.96 points or 103.49% increase. The stock has reached a new 52-week high of Rs 299 today and has outperformed its sector by 104.42%. Over the past week, the stock has shown a remarkable return of +115.74%, and it has consistently delivered strong performance with a +217.37% return over the last year. The company has reported positive results for the last five consecutive quarters, with net sales reaching Rs 26.46 crore and a profit before tax growth of 24.8%. However, it is trading below its moving averages, and there has been a decline in investor participation, with delivery volume falling by 30.23% against the five-day average.
In the broader market context, while RIR Power Electronics Ltd has seen substantial gains, the benchmark Sensex has experienced a slight decline of 0.36% over the past week. This stark contrast highlights the stock's strong performance relative to the market. The company’s low debt-to-equity ratio and consistent returns over the last three years further support its rising stock price, as it has outperformed the BSE500 in each of the last three annual periods. Despite the recent drop in trading volume, the liquidity remains adequate for trading, indicating that investor interest may still be present, contributing to the stock's upward momentum.