Why is SML ISUZU falling/rising?

As of 01-Aug, SML ISUZU Ltd is experiencing a price increase, currently at 3,469.40, reflecting a rise of 165.2 or 5.0%. Today's performance indicates a trend reversal as the stock has gained after six consecutive days of decline. It outperformed its sector by 5.49% today and reached an intraday high of Rs 3,469.4. Over the past month, the stock has shown a remarkable return of 54.80%, while it has generated a substantial 146.65% return year-to-date. The company has also seen healthy long-term growth, with net sales increasing at an annual rate of 28.56% and operating profit at 32.21%. Additionally, institutional investors have increased their stake by 0.75%, indicating growing confidence in the company's fundamentals.
In the broader market context, SML ISUZU's short-term performance contrasts with the benchmark Sensex, which has declined by 1.06% over the past week. While the stock has faced a drop of 9.20% in the last week, its strong year-to-date performance and consistent returns over the last three years, where it has outperformed the BSE500, suggest resilience. Despite a recent decrease in investor participation, the liquidity remains adequate for trading, which may support the stock's upward movement. Overall, the combination of positive financial results, institutional interest, and a recent price rebound contributes to the stock's rising trajectory.