Why is Bharti Hexacom falling/rising?

As of 29-Oct, Bharti Hexacom Ltd's stock price is rising, currently at Rs 1,904.75, reflecting an increase of Rs 58.35 or 3.16%. The stock has shown strong performance today, outperforming its sector by 2.79% and reaching an intraday high of Rs 1,955, which is a 5.88% increase. Over the past week, the stock has gained 4.94%, and in the last month, it has risen by 16.59%, significantly outpacing the benchmark Sensex, which has only increased by 0.68% during the same period. The company has reported healthy long-term growth, with operating profit increasing at an annual rate of 77.97%, and it has declared positive results for the last four consecutive quarters, contributing to the stock's upward momentum.
Broader Market Context: In comparison to the broader market, Bharti Hexacom's performance has been exceptional, with a 33.95% return over the past year, significantly higher than the BSE500's return of 4.67%. Despite a recent decline in investor participation, as indicated by a 26.5% drop in delivery volume, the stock remains liquid enough for trading. The company's strong financial results, including a 90.39% growth in profit after tax over the last six months, further bolster investor confidence, leading to the stock's rising price amidst a generally favorable market environment.