Why is Force Motors falling/rising?

As of 08-Jul, Force Motors Ltd is experiencing a price increase, currently at Rs 15,234.70, reflecting a rise of Rs 406.75 or 2.74%. The stock has shown strong performance today, outperforming its sector by 1.96% and achieving a consecutive gain over the last two days with a total increase of 6.2%. Additionally, the stock has demonstrated impressive returns over various periods, including a 21.76% increase over the past month and a remarkable 133.81% year-to-date. The company has consistently reported positive results for the last 11 quarters, with significant growth in net sales and operating profit, which contributes to investor confidence and supports the stock's upward movement.
In the broader market context, Force Motors has outperformed the Sensex, which has only seen a 0.02% increase over the past week, while Force Motors has gained 3.28% in the same timeframe. This trend of outperformance is consistent, as the stock has generated returns exceeding those of the BSE500 over the last three years. Furthermore, there has been an increase in institutional investor participation, with a 0.73% rise in their stake, indicating a positive outlook from more sophisticated investors. However, it is worth noting that there has been a decline in delivery volume, which may suggest a potential concern regarding retail investor engagement. Overall, the combination of strong financial performance and institutional interest is driving the stock's rise despite some signs of reduced retail participation.