Why is Sudal Industries falling/rising?

As of 13-Jun, Sudal Industries Ltd is experiencing a rise in its stock price, currently at Rs 57.97, reflecting an increase of 1.67 or 2.97%. The stock has shown strong performance recently, gaining 15.02% over the last four days and outperforming its sector by 4.24% today. It has also been trading above its moving averages across various time frames, indicating positive momentum. The company has reported impressive financial results, including a 47.22% growth in operating profit and record net sales, contributing to a robust return of 28.39% over the past year. However, there are concerns regarding long-term fundamental strength, particularly with a high percentage of promoter shares pledged, which could exert downward pressure in adverse market conditions.
In the broader market context, Sudal Industries has significantly outperformed the Sensex, with a 14.47% increase over the past week compared to a decline of 1.30% for the benchmark. This trend continues with a remarkable 662.76% return over the last three years, showcasing the stock's strong long-term performance. Despite the recent positive momentum, the stock's ability to maintain this upward trajectory may be challenged by its weak long-term growth indicators and declining investor participation, as evidenced by a 23.18% drop in delivery volume against the five-day average.