Why is Force Motors falling/rising?

As of 15-Jul, Force Motors Ltd is experiencing a price increase, currently at Rs. 16,755.65, reflecting a rise of 146.85 or 0.88%. The stock has recently hit a new 52-week and all-time high of Rs. 17,082.4, showing a strong performance with a 2.04% gain over the last two days. Over the past week, the stock has surged by 9.98%, and it has demonstrated impressive returns of 157.16% year-to-date and 100.38% over the past year. The company's positive financial performance, including consistent net sales growth and operating profit, along with increased institutional investor participation, has contributed to the stock's upward momentum.
In the broader market context, while Force Motors has outperformed the Sensex, which has declined by 1.36% over the past week, the stock's strong performance highlights its resilience and attractiveness to investors. The increase in institutional investor stakes indicates growing confidence in the company's fundamentals, further supporting its price rise. However, it is worth noting that there has been a significant drop in delivery volume, which may suggest a potential concern regarding investor participation in the near term. Overall, the combination of strong financial results and positive investor sentiment has propelled Force Motors' stock price upward despite some liquidity concerns.