Why is Valiant Commun. falling/rising?

As of 15-Jul, Valiant Communications Ltd is experiencing a price increase, currently at 915.00, reflecting a rise of 14.85 or 1.65%. The stock has shown strong performance recently, gaining 3.68% over the last two days and is just 0.27% away from its 52-week high of Rs 917.5. It has outperformed its sector by 0.87% today and is trading above all key moving averages, indicating positive momentum. Additionally, the company has demonstrated impressive returns, with a 1-month increase of 35.91% and a year-to-date rise of 65.84%. The low debt-to-equity ratio and significant growth in operating profit, along with increased participation from institutional investors, further support the stock's upward movement.
In the broader market context, Valiant Communications Ltd has outperformed the Sensex, which has declined by 1.36% over the past week while the stock itself has risen by 2.01%. This contrast highlights the stock's strength relative to the overall market. Despite a recent decline in delivery volume, the liquidity remains sufficient for trading, and the consistent returns over the past three years suggest a solid investment case. The combination of strong fundamentals and positive investor sentiment has contributed to the stock's rising price, even as broader market conditions may not be as favorable.