Why is Technocraf.Inds. falling/rising?

As of 03-Jul, Technocraft Industries (India) Ltd is experiencing a price increase, currently at Rs 3,139.55, reflecting a rise of 23.15 points or 0.74%. The stock opened with a significant gain of 4.28% today and reached an intraday high of Rs 3,249.8. It has outperformed its sector by 1.16% today, and the trading volume indicates rising investor participation, with a 20.73% increase in delivery volume compared to the 5-day average. Over the past year, the stock has generated an 8.80% return and has consistently outperformed the BSE500 in the last three annual periods, supported by strong management efficiency and a low Debt to EBITDA ratio of 1.05 times.
In the broader market context, the stock's short-term performance stands in contrast to the Sensex, which has declined by 0.62% over the past week while Technocraft Industries has risen by 4.03%. This indicates that the stock is gaining traction despite a generally unfavorable market environment. The company's consistent returns over the last three years and strong fundamentals contribute to its resilience and attractiveness to investors, further supporting its upward price movement.