Why is Sudal Industries falling/rising?

As of 03-Jul, Sudal Industries Ltd is experiencing a price increase, currently at Rs. 81.64, reflecting a rise of 1.6 (2.0%). The stock has reached a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last seven days, accumulating a total return of 32.75% during this period. Additionally, the stock has outperformed its sector by 2.66% today and is trading above all key moving averages, indicating strong upward momentum. The company has shown impressive financial performance, with a 47.22% growth in operating profit and positive results for the last five consecutive quarters, which has contributed to the stock's recent upward movement.
In the broader market context, Sudal Industries has significantly outperformed the Sensex, with a one-week return of +16.96% compared to the benchmark's -0.62%. Over the past month, the stock has surged by 79.59%, while the Sensex has only increased by 3.10%. This strong performance is further highlighted by the stock's remarkable long-term returns, including a 932.11% increase over the past three years. Despite a slight decline in investor participation, the overall market sentiment remains positive, bolstered by the company's robust financial metrics and favorable valuation compared to its peers.