Why is Garuda Cons falling/rising?

As of 14-Jul, Garuda Construction and Engineering Ltd is experiencing a price increase, currently at Rs 140.85, reflecting a rise of Rs 6.9 or 5.15%. The stock has shown strong performance today, outperforming its sector by 4.12% and reaching an intraday high of Rs 141.95. Over the past week, the stock has risen by 15.93%, while over the past month, it has increased by 16.40%. Additionally, the company has demonstrated high management efficiency with a return on equity (ROE) of 22.81% and a low debt-to-equity ratio, which contributes positively to investor sentiment. The company has also reported positive results for the last two consecutive quarters, with net sales and other financial metrics reaching their highest levels, further supporting the stock's upward movement.
In the broader market context, Garuda's short-term performance significantly outpaces the benchmark Sensex, which has declined by 1.42% over the past week and increased by only 1.40% over the past month. This stark contrast highlights the stock's resilience and attractiveness to investors amidst a generally weaker market. The rising investor participation, evidenced by a 7.38% increase in delivery volume compared to the five-day average, indicates growing confidence in the stock, which is also supported by its liquidity, making it a viable option for trading. Overall, the combination of strong company performance and favorable market conditions contributes to the stock's rising price.