Why is Rodium Realty falling/rising?

As of 08-Jul, Rodium Realty Ltd's stock price is currently at 223.85, reflecting an increase of 5.9, or 2.71%. The stock has shown a strong performance today, having outperformed its sector by 1.6% and gaining 3.73% over the last two days. It opened with a notable gain of 4.15% and reached an intraday high of Rs 227. Despite a significant drop in delivery volume by 95.18% compared to the 5-day average, the stock is trading above its moving averages across various time frames. The company has reported impressive financial results, including a 143.79% growth in net profit and consistent positive results over the last three quarters, which have contributed to its strong performance and attractive valuation compared to peers.
In the broader market context, Rodium Realty has outperformed the Sensex, with a 1-week return of 3.66% compared to the benchmark's 0.02%. The stock has also shown remarkable long-term performance, generating a return of 163.32% over the past year, significantly higher than the Sensex's 4.69% during the same period. This strong performance is supported by the company's robust financial metrics, including a high return on capital employed and substantial growth in net sales, indicating a favorable outlook that has likely contributed to the stock's rising price.