Why is Bhagyanagar Ind falling/rising?

As of 14-Nov, Bhagyanagar India Ltd's stock price is rising, currently at Rs. 154.20, reflecting an increase of 14.0 or 9.99%. The stock has recently reached a new 52-week and all-time high, outperforming its sector by 9.72%. It has shown a strong performance over the last two days with a cumulative gain of 11.38%. Additionally, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The company has reported impressive growth metrics, including a 202.14% increase in net profit and consistent positive results over the last four quarters, which have contributed to the stock's upward movement.
In the broader market context, Bhagyanagar India Ltd has significantly outperformed the Sensex, with a 1-week return of 13.09% compared to the Sensex's 1.62%, and a 1-month return of 55.76% against the Sensex's 3.09%. This strong performance is supported by rising investor participation, as evidenced by a 32.45% increase in delivery volume. However, it is important to note that the company has a high Debt to EBITDA ratio of 5.70 times, which poses a risk regarding its ability to service debt. Despite this, the attractive valuation and consistent returns over the past three years have bolstered investor confidence, contributing to the stock's rise.