Why is Subros falling/rising?

As of 03-Jul, Subros Ltd's stock price is rising, currently at 1,031.75, reflecting an increase of 28.3 points or 2.82%. The stock has shown strong performance today, outperforming its sector by 1.77% and achieving a consecutive gain over the last two days with a total return of 10.56%. It reached an intraday high of Rs 1067, indicating robust trading activity. The stock has also been consistently performing well over various time frames, with a 1-month return of 37.54% and a year-to-date return of 65.74%. Additionally, the company has demonstrated positive financial results for seven consecutive quarters, including a record high in net sales and return on capital employed, which has likely bolstered investor confidence.
In the broader market context, Subros Ltd's short-term performance significantly outpaces the benchmark Sensex, which has declined by 0.62% over the past week while Subros has gained nearly 10%. This stark contrast highlights the stock's strong momentum in a challenging market environment. The high institutional holdings at 43.98% suggest that informed investors are backing the stock, further contributing to its upward trajectory. The liquidity of the stock, supported by a substantial increase in delivery volume, indicates a healthy trading environment, which may attract more investors and sustain the stock's rising trend.