Why is Garden Reach Sh. falling/rising?

As of 11-Nov, Garden Reach Shipbuilders & Engineers Ltd is experiencing a price increase, currently at 2,787.20, with a change of 105.2, representing a rise of 3.92%. The stock has shown strong performance today, outperforming its sector by 3.47% and achieving consecutive gains over the last two days, with an overall return of 8.29% during this period. Additionally, the stock has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has demonstrated robust financial health, with a low debt-to-equity ratio and significant growth in net sales and operating profit. Positive results over the last three consecutive quarters, including a 48.12% growth in PAT, have contributed to the stock's upward momentum. However, it is trading at a premium compared to its peers, which may raise concerns about its valuation.
In the broader market context, Garden Reach Shipbuilders has outperformed the benchmark Sensex significantly, with a 1-week return of 9.03% compared to the Sensex's 0.49%, and a year-to-date return of 72.30% against the Sensex's 7.34%. This strong performance relative to the benchmark indicates a favorable investor sentiment towards the stock, despite a slight decrease in institutional investor participation. The overall liquidity of the stock remains healthy, with a notable increase in delivery volume, suggesting continued interest from retail investors.