Why is SML ISUZU falling/rising?

As of 14-Jul, SML ISUZU Ltd's stock price is rising, currently at 3,210.00, reflecting an increase of 200.65 or 6.67%. The stock has shown strong performance today, outperforming its sector by 4% and reaching an intraday high of Rs 3247.9, which is just 1.25% away from its 52-week high of Rs 3250. Over the past week, the stock has surged by 19.03%, and it has delivered impressive returns of 128.21% year-to-date and 432.43% over the last three years. The company has reported record operating profit and net sales, contributing to its healthy long-term growth outlook, which supports the recent upward movement in its stock price.
In the broader market context, while the Sensex has declined by 1.42% over the past week, SML ISUZU's significant gains highlight its strong performance relative to the benchmark. The auto-trucks sector has also seen a gain of 2.63%, indicating some positive sentiment in the industry. However, it is worth noting that investor participation has decreased, with delivery volume falling by 51.66% against the five-day average, which could be a concern for future liquidity. Despite this, the stock's consistent returns and strong financial performance suggest that it remains attractive to investors, contributing to its rising price amidst a challenging market environment.