Why is Vascon Engineers falling/rising?

As of 30-Jun, Vascon Engineers Ltd is experiencing a price increase, currently trading at Rs 54.50, which reflects a rise of Rs 1.06 or 1.98%. The stock has outperformed its sector today by 1.42%, reaching an intraday high of Rs 55, which is a 2.92% increase. Over the past week, the stock has shown a significant return of +13.26%, although it has underperformed in the longer term with a -24.63% return over the past year. The company has a low debt-to-equity ratio of 0.08, indicating financial stability, and has reported impressive growth in operating profit, which has increased at an annual rate of 94.12%. Additionally, the company declared very positive results in March, with substantial growth in profit before tax and profit after tax compared to previous quarters.
In the broader market context, while Vascon Engineers has shown strong short-term performance, the benchmark Sensex has only increased by 2.09% over the same week, indicating that the stock is gaining traction relative to the market. However, the stock's year-to-date performance remains modest at +2.83%, compared to the Sensex's +7.00%. Despite the recent positive momentum, the stock's long-term performance has been lackluster, with a -24.63% return over the past year, suggesting that while current movements are favorable, the stock has yet to recover fully from previous declines.