Why is Garuda Cons falling/rising?

As of 10-Jul, Garuda Construction and Engineering Ltd's stock price is currently at Rs 137.70, reflecting an increase of Rs 15.4, or 12.59%. The stock has demonstrated strong performance today, outperforming its sector by 12.12%, and reached an intraday high of Rs 141.5, marking a rise of 15.7%. Over the past week, the stock has gained 13.80%, while it has increased by 13.15% over the past month. Additionally, the company has shown positive financial results, with net sales growing by 58.4% and profit after tax increasing by 58.5% compared to the previous four-quarter average. The high management efficiency, indicated by a return on equity of 22.81%, and a low debt-to-equity ratio further support the stock's upward movement.
In the broader market context, while Garuda's stock has risen significantly, the benchmark Sensex has remained relatively flat, with a slight decline of 0.06% over the past week. This indicates that Garuda is outperforming the market, which may attract more investor interest. The rising delivery volume, which increased by 53.61% against the five-day average, suggests heightened investor participation and confidence in the stock. Overall, the combination of strong financial performance, effective management, and positive market sentiment contributes to the stock's rising price.