Why is SML ISUZU falling/rising?

As of 09-Jul, SML ISUZU Ltd's stock price is rising, currently at 3,061.80, reflecting an increase of 212.2 or 7.45%. The stock has recently reached a new 52-week and all-time high of Rs 3,250, demonstrating a strong performance today with a rise of 14.05% at its intraday peak. Over the past week, the stock has surged by 30.85%, and it has shown impressive returns of 117.67% year-to-date. Additionally, the company has reported healthy long-term growth, with operating profit increasing at an annual rate of 53.27%, which has contributed positively to investor sentiment and the stock's upward movement.
In the broader market context, SML ISUZU's performance significantly outpaces the benchmark Sensex, which has only risen by 0.15% over the past week. The auto-trucks sector has also seen gains of 2.64%, indicating a favorable environment for the industry. Despite a recent decline in investor participation, as evidenced by a drop in delivery volume, the stock's liquidity remains sufficient for trading. Overall, the combination of strong financial performance, consistent returns over the last three years, and a positive sector trend has driven the stock's price higher.