Why is Force Motors falling/rising?

As of 09-Jul, Force Motors Ltd's stock price is rising, currently at Rs 16,718.90, reflecting an increase of Rs 1,484.2 or 9.74%. The stock has recently hit a new 52-week and all-time high of Rs 17,049.35, demonstrating strong performance with a 16.55% gain over the last three days. Over the past week, the stock has outperformed the sector by 7.11% and has shown impressive returns of 37.82% over the past month and 156.59% year-to-date. The company's consistent positive results over the last 11 quarters, along with significant growth in net sales and operating profit, have contributed to this upward movement. Additionally, increasing participation from institutional investors, who now hold 9.79% of the company, indicates growing confidence in Force Motors' fundamentals.
In the broader market context, Force Motors has significantly outperformed the benchmark Sensex, which has only increased by 0.15% over the past week, while Force Motors has risen by 14.62% in the same period. This stark contrast highlights the stock's strong momentum relative to the market. Despite a slight decline in delivery volume, the stock remains liquid enough for trading, and its performance in the auto sector, which has gained 2.64%, further supports its upward trajectory. Overall, the combination of strong financial performance, institutional interest, and sector support has driven the stock's recent rise.