Why is Force Motors falling/rising?

As of 03-Sep, Force Motors Ltd is experiencing a price increase, currently at Rs 19,770.00, reflecting a rise of Rs 283.75 or 1.46%. The stock has shown positive momentum, gaining for the last two consecutive days with a total return of 3.22% during this period. It has outperformed its sector by 1.18% today and is trading above all key moving averages, indicating strong bullish sentiment. Over the past month, the stock has appreciated by 18.30%, and it has delivered impressive year-to-date returns of 203.42%. The company's consistent financial performance, including a 38.37% growth in profit after tax and a significant increase in institutional investor participation, further supports the stock's upward trajectory.
In the broader market context, while the Sensex has seen a slight decline of 0.27% over the past week, Force Motors has outperformed this benchmark with a decrease of only 0.83%. This contrast highlights the stock's resilience and attractiveness to investors, particularly given its robust long-term growth prospects and positive quarterly results over the last three years. The increasing stake of institutional investors, who now hold 11.43% of the company, suggests a strong belief in the company's fundamentals, which may contribute to the stock's rising price.