Why is Sunil Industries falling/rising?

As of 25-Aug, Sunil Industries Ltd is experiencing a price increase, currently at Rs 93.55, reflecting a rise of Rs 2.55 or 2.8%. The stock opened with a significant gain of 5% today and reached an intraday high of Rs 95.55. Over the past week, the stock has outperformed the sector by 3.43% and has shown impressive returns, with a 14.22% increase over the last week and a 12.71% increase over the past month. The company has reported outstanding results, including a 199.78% growth in net sales and consistent positive results for the last three quarters, contributing to its strong performance. Additionally, the stock is trading above all key moving averages, indicating bullish momentum, although there has been a notable decline in investor participation, with delivery volume dropping significantly.
In the broader market context, Sunil Industries has significantly outperformed the benchmark Sensex, which has only increased by 0.45% over the past week. The stock's year-to-date return of 38.59% also contrasts sharply with the Sensex's 4.48% increase, highlighting its strong relative performance. This consistent outperformance over multiple periods, combined with attractive valuations and robust financial growth, supports the stock's upward movement. Despite the recent decline in delivery volume, the overall positive financial indicators and market sentiment surrounding Sunil Industries contribute to its rising stock price.