Why is Force Motors falling/rising?

As of 06-Aug, Force Motors Ltd is experiencing a price increase, with its current price at Rs 18,161.15, reflecting a rise of Rs 341.85 or 1.92%. The stock has shown strong performance today, outperforming its sector by 1.83% and achieving a consecutive gain over the last three days, resulting in an overall increase of 8.69% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The company has reported healthy long-term growth, with net sales increasing at an annual rate of 28.06% and operating profit rising by 89.46%. Furthermore, institutional investors have increased their stake, which adds to the stock's positive momentum.
In the broader market context, Force Motors has significantly outperformed the benchmark Sensex, which has declined by 1.15% over the past week while the stock itself has risen by 2.72%. Over the last month, Force Motors has gained 26.60%, contrasting sharply with the Sensex's drop of 3.46%. This strong performance is further supported by consistent returns over the past three years, where the stock has generated 120.14% returns in the last year alone, outperforming the BSE500 in each of the last three annual periods. The rising investor participation, particularly from institutional investors, suggests a growing confidence in the company's fundamentals, contributing to the stock's upward trajectory.