Why is Federal-Mogul Go falling/rising?

As of 13-Nov, Federal-Mogul Goetze (India) Ltd is experiencing a price increase, with its current price at 532.70, reflecting a rise of 37.75 or 7.63%. The stock has outperformed its sector today by 7.98%, reaching an intraday high of Rs 536.35. Over the past week, the stock has shown a return of 7.17%, and for the month, it has increased by 9.43%. The company has demonstrated strong financial health, with a low debt-to-equity ratio and significant growth in operating profit at an annual rate of 59.60%. Additionally, it has reported positive results for the last three consecutive quarters, which has likely contributed to investor confidence and the stock's upward movement.
In the broader market context, the stock's performance has significantly outpaced the benchmark, with a one-year return of 38.36% compared to the BSE500's 8.17%. This strong performance may attract more investor interest, especially given the rising delivery volume, which increased by 92.6% against the five-day average. However, a potential risk is the very low stake held by domestic mutual funds, which could indicate a lack of confidence in the stock's current valuation. Overall, the combination of strong financial metrics and market-beating returns has contributed to the stock's rising price.