Why is Alpine Housing falling/rising?

As of 17-Jul, Alpine Housing Development Corporation Ltd's stock price is currently at Rs. 153.70, reflecting an increase of Rs. 3.95 or 2.64%. The stock has recently reached a new 52-week high of Rs. 159 and has been on an upward trend, gaining 12.22% over the last three days. In terms of performance, the stock has outperformed its sector by 0.54% today and has shown impressive returns of 39.73% over the past month, significantly surpassing the Sensex's 0.83% increase. Positive financial results, including a 36.23% growth in net sales and the highest operating profit margin at 24.68%, have contributed to the stock's strong performance, alongside rising investor participation and liquidity.
Broader market context indicates that while the Sensex has experienced a decline of 1.12% over the past week, Alpine Housing has risen by 7.56%, showcasing its resilience and market-beating performance. The stock's long-term returns are also noteworthy, with a 126.53% increase over the past three years compared to the benchmark's 53.01%. This consistent outperformance in both short-term and long-term metrics highlights the company's strong fundamentals and investor confidence, contributing to the stock's upward trajectory.