Why is Trident Texofab falling/rising?

As of 05-Sep, Trident Texofab Ltd's stock price is rising, currently at Rs 256.00, reflecting an increase of Rs 5.8 or 2.32%. The stock has shown strong performance recently, having gained 4.92% over the last two days and is only 1.17% away from its 52-week high of Rs 259. It opened with a gain of 3.06% today and reached an intraday high of Rs 257.85. Over the past month, the stock has increased by 18.77%, and it has delivered an impressive 475.28% return over the past year, significantly outperforming the BSE500 index. Positive financial results over the last three quarters, including a 24.20% growth in net sales, have contributed to this upward movement.
In the broader market context, Trident Texofab's short-term return of 1.23% over the past week slightly outpaces the Sensex's return of 1.13%. Despite a recent decline in investor participation, as indicated by a 46.73% drop in delivery volume, the stock remains liquid enough for trading. The company's strong performance metrics and consistent profitability have positioned it favorably against the market, contributing to its rising stock price. Overall, the combination of robust financial results and a solid track record of returns has bolstered investor confidence, driving the stock's upward trajectory.