Why is Force Motors falling/rising?

As of 28-Jul, Force Motors Ltd is experiencing a price increase, currently at Rs 18,217.65, reflecting a rise of Rs 356.55 or 2.0%. The stock has shown strong performance today, outperforming its sector by 1.34%, with an intraday high of Rs 18,412.35, marking a 3.09% increase. Over the past week, the stock has gained 6.07%, and in the last month, it has surged by 25.66%, significantly outperforming the Sensex, which has declined by 1.59% during the same period. The company's positive financial results, including a 51.42% growth in profit before tax and a 52.4% increase in profit after tax, alongside a healthy annual net sales growth rate of 28.06%, have contributed to this upward movement. Additionally, the increasing participation from institutional investors, who have raised their stake by 1.64%, indicates growing confidence in the company's fundamentals.
In the broader market context, while the Sensex has faced a decline of 1.59% over the past week, Force Motors has managed to rise, showcasing its resilience and strong market position. The stock's performance is further highlighted by its impressive year-to-date return of 179.59%, compared to the Sensex's modest gain of 3.52%. This stark contrast emphasizes the stock's ability to generate consistent returns, having outperformed the BSE500 in each of the last three annual periods. Overall, the combination of strong financial results, rising investor participation, and consistent performance relative to the benchmark has driven the stock's recent upward trajectory.