Why is Shalimar Agencie falling/rising?

As of 12-Aug, Shalimar Agencies Ltd is experiencing a price increase, currently at 38.70, reflecting a rise of 0.75 or 1.98%. The stock has shown a trend reversal, gaining after four consecutive days of decline. Despite a significant drop in delivery volume, which fell by 81.75% against the 5-day average, the stock has outperformed its sector by 2.89% today. Over the past month, it has risen by 16.71%, while year-to-date returns stand at an impressive 325.27%. The company has reported positive quarterly results, with the highest PBDIT, PBT, and PAT figures recorded, contributing to the stock's recent upward movement.
In the broader market context, Shalimar Agencies Ltd's short-term performance contrasts sharply with the benchmark Sensex, which has declined by 0.59% over the past week. While the stock has shown resilience with a significant year-to-date increase, the Sensex has only gained 2.68% in the same period. This divergence indicates that Shalimar Agencies is not only recovering from its recent downturn but is also capitalizing on its strong financial results, setting it apart from the broader market trends.