Why is Force Motors falling/rising?

As of 17-Sep, Force Motors Ltd is experiencing a price increase, currently at 19,847.45, reflecting a rise of 120.05 or 0.61%. The stock has shown strong performance recently, gaining 10.15% over the last four days, although it underperformed its sector by 0.67% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the stock has demonstrated impressive returns over various periods, including a 204.61% increase year-to-date and a remarkable 1350.68% increase over the past three years. The company's financial health is underscored by consistent positive results over the last 12 quarters, with significant growth in net sales and operating profit, which contributes to investor confidence and supports the stock's upward movement.
In the broader market context, Force Motors has outperformed the benchmark Sensex in the short term, with a 1-week return of 8.20% compared to the Sensex's 1.56%. This strong performance is further bolstered by increasing participation from institutional investors, who have raised their stake in the company, indicating a positive outlook on its fundamentals. The liquidity of the stock is also favorable, allowing for substantial trading volumes. Overall, the combination of strong financial results, positive investor sentiment, and consistent returns positions Force Motors favorably in the market, contributing to its rising stock price.