Why is Vaxfab Enterp. falling/rising?

As of 03-Sep, Vaxfab Enterprises Ltd is experiencing a rise in its stock price, currently at Rs 28.25, reflecting an increase of 2.18 (8.36%). The stock has reached a new 52-week high today and has been on a positive trajectory, gaining 39.23% over the last four days. It has outperformed its sector by 7.46% today and is trading above all key moving averages, indicating strong momentum. The company has reported impressive financial results over the last three quarters, with net sales growing by 1,924.92% and profit after tax increasing by 728.85%, contributing to the stock's bullish performance. However, there has been a decline in investor participation, with delivery volume dropping by 13.55% against the five-day average.
In the broader market context, Vaxfab Enterprises Ltd has significantly outperformed the Sensex, with a year-to-date return of 175.88% compared to the benchmark's 3.11%. Over the past week, the stock has surged by 35.43%, while the Sensex has seen a slight decline of 0.27%. This stark contrast highlights the stock's strong market position and investor confidence, despite a general downturn in the broader market. The company's ability to consistently deliver positive financial results and outperform market benchmarks has solidified its appeal among investors, driving the recent price increase.