Why is Thomas Scott falling/rising?

As of 02-Jul, Thomas Scott India Ltd's stock price is currently at Rs 381.85, reflecting an increase of Rs 18.15 or 4.99%. Today's price movement shows a trend reversal as the stock has gained after two consecutive days of decline. Despite opening lower with a loss of 3.07%, it reached an intraday high of Rs 381.85. The stock has outperformed its sector by 4.22% today, although there has been a notable decrease in investor participation, with delivery volume dropping by 75.73% against the five-day average. Over the past week, the stock has shown a return of 14.67%, significantly outperforming the Sensex, which only gained 0.79%. Additionally, the company has demonstrated strong financial health, with a low Debt to EBITDA ratio and consistent growth in net sales and operating profit, contributing positively to its recent price movement.
In the broader market context, the stock's performance over the last month has also been strong, with a return of 17.04% compared to the Sensex's 2.50%. This indicates that Thomas Scott India Ltd is not only recovering from its recent declines but is also gaining momentum relative to the market. The company's ability to generate consistent returns, as evidenced by its performance over the past year and three years, further supports its rising stock price. Overall, while the stock has faced some short-term challenges, its long-term growth prospects and recent positive financial results have contributed to its upward movement in the market.