Why is SML ISUZU falling/rising?

As of 08-Jul, SML ISUZU Ltd's stock price is rising, currently at 2,849.60, reflecting an increase of 152.75 or 5.66%. The stock reached a new 52-week and all-time high of Rs. 2894.9 today, demonstrating strong performance with an intraday high of 7.34%. Over the past week, the stock has surged by 27.15%, and it has shown impressive growth of 102.59% year-to-date. Despite a recent decline in investor participation, with delivery volume down by 30.71% against the 5-day average, the stock remains liquid enough for trading. The company has reported healthy long-term growth, with operating profit increasing at an annual rate of 53.27%, and consistent returns over the last three years, outperforming the BSE500 index.
In the broader market context, SML ISUZU's short-term performance significantly outpaces the benchmark, with the Sensex only increasing by 0.02% over the same week. This stark contrast highlights the stock's strong momentum and investor confidence. The company's solid financial metrics, including a notable growth in net sales and profit before tax, further support its rising stock price. Overall, the combination of strong operational performance and favorable market conditions has contributed to the stock's upward trajectory.