Why is Garuda Cons falling/rising?

As of 15-Jul, Garuda Construction and Engineering Ltd's stock price is currently at Rs 142.70, reflecting an increase of Rs 1.85 or 1.31%. The stock has shown strong performance recently, gaining 6.53% over the last two days and outperforming its sector by 0.39% today. It reached an intraday high of Rs 144.5, although it also experienced a low of Rs 137.65. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the company has demonstrated high management efficiency with a return on equity of 22.81% and a low debt-to-equity ratio, which contributes to investor confidence. Positive quarterly results, including record net sales and profit before tax, further support the stock's upward movement.
In the broader market context, Garuda's stock has significantly outperformed the benchmark Sensex over the past week, with a return of 11.44% compared to the Sensex's decline of 1.36%. Over the past month, the stock has risen by 17.93%, while the Sensex has only increased by 1.79%. This strong relative performance highlights investor interest and confidence in Garuda, particularly in light of its recent positive financial results and rising investor participation, as evidenced by a 7.46% increase in delivery volume. Overall, the combination of strong company fundamentals and favorable market conditions has contributed to the stock's rising price.