Why is Shraddha Prime falling/rising?

As of 15-Jul, Shraddha Prime Projects Ltd is experiencing a price increase, currently at 176.90, reflecting a rise of 3.45 or 1.99%. The stock has shown strong performance recently, gaining 4.03% over the last two days and outperforming its sector by 1.48% today. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has also seen a significant increase in delivery volume, which rose by 254.77% compared to the 5-day average. Over the past year, the stock has generated an impressive return of 272.62%, far exceeding the market's return of 2.36%.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has outperformed the Sensex, which declined by 1.36% over the past week. This strong performance can be attributed to the company's robust financial health, with net sales growing at an annual rate of 325.60% and operating profit increasing by 453.71%. The company has consistently reported positive results for the last six quarters, further bolstering investor confidence and contributing to the stock's upward movement.