Why is Divgi Torq falling/rising?

As of 19-Sep, Divgi Torqtransfer Systems Ltd is experiencing a slight increase in its stock price, currently at 656.15, reflecting a change of 2.15 (0.33%) upward. The stock has been gaining for the last two days, with a total return of 0.35% during this period. It reached an intraday high of Rs 667.7, which is a 2.09% increase. The stock's performance over the past week shows a gain of 0.94%, and it has outperformed the benchmark Sensex, which has increased by 0.88%. Notably, the company has recently reported positive financial results after a challenging period, with a significant growth in profit after tax and net sales, contributing to a favorable outlook among investors. However, there has been a decline in investor participation, with delivery volume dropping by 40.29% compared to the five-day average.
In the broader market context, the stock's year-to-date performance of 7.39% surpasses the Sensex's return of 5.74%, indicating a strong relative performance despite the overall market conditions. The stock has also managed to generate a return of 9.33% over the past year, while the broader market has faced negative returns of -0.67%. This market-beating performance, coupled with high institutional holdings at 27.72%, suggests that informed investors are confident in the company's fundamentals, which may be supporting the stock's recent upward movement.