Why is SML ISUZU falling/rising?

As of 03-Nov, SML ISUZU Ltd's stock price is rising, currently at 3,187.90, reflecting an increase of 151.8 or 5.0%. The stock has shown strong performance today, outperforming its sector by 4.71% and has been on a consecutive gain streak for the last three days, accumulating a total return of 5.39% in this period. Additionally, the stock opened with a gain of 5% today and reached an intraday high of Rs 3,187.90. Over the past week, SML ISUZU has increased by 5.43%, significantly outperforming the Sensex, which declined by 0.94%. The company has demonstrated impressive long-term growth, with net sales growing at an annual rate of 33.17% and operating profit at 31.33%. Promoter confidence has also risen, with a 15.01% increase in their stake, indicating strong belief in the company's future.
Broader Market Context: In the short term, SML ISUZU's performance has been notably better than the benchmark, with a 5.43% increase over the past week compared to the Sensex's decline. While the stock has experienced a slight decrease of 2.46% over the past month, its year-to-date return stands at an impressive 126.64%, far exceeding the Sensex's 7.47%. This strong performance is supported by consistent returns over the last three years, where SML ISUZU has outperformed the BSE500 in each annual period. Despite a recent drop in investor participation, the stock remains liquid enough for trading, which may contribute to its upward price movement amidst a generally positive sentiment surrounding its long-term growth prospects.