Why is Valiant Commun. falling/rising?

As of 08-Jul, Valiant Communications Ltd is experiencing a price increase, currently at Rs. 897.00, reflecting a rise of 17.0 points or 1.93%. The stock has recently reached a new 52-week and all-time high, outperforming its sector by 2.56%. Over the past week, Valiant has shown a strong performance with an 8.45% increase, and it has delivered impressive returns of 33.65% over the past month and 62.57% year-to-date. Despite a significant drop in investor participation, with delivery volume falling by 72.45% against the 5-day average, the company maintains a healthy financial profile, evidenced by a low debt-to-equity ratio and robust growth in operating profit, which has increased at an annual rate of 67.03%.
In the broader market context, Valiant's short-term performance stands in stark contrast to the Sensex, which has only seen a marginal increase of 0.02% over the same week. This indicates that Valiant is not only outperforming the market but also consistently generating returns that exceed those of the BSE500 over the last three years. The company's strong financial metrics, including significant growth in profit before tax and net sales, further bolster investor confidence, contributing to the stock's upward momentum.