Why is Garuda Cons falling/rising?

As of 31-Oct, Garuda Construction and Engineering Ltd is experiencing a price increase, currently at Rs 216.90, which reflects a rise of Rs 18.35 or 9.24%. Today's price summary indicates that the stock has outperformed its sector by 10.01% and has shown a trend reversal, gaining after four consecutive days of decline. The stock reached an intraday high of Rs 219, representing a 10.3% increase. Over the past month, Garuda has generated a return of 14.16%, significantly outperforming the Sensex, which only increased by 3.65%. The company has reported strong financial results, including a 56.95% growth in net profit and positive results for the last four consecutive quarters, which have positively influenced investor sentiment. However, the stock faces challenges such as low management efficiency, indicated by a low return on equity of 2.22%, and a decrease in institutional investor participation.
In the broader market context, Garuda's short-term performance has been relatively strong, with a 1-week return of -0.44% compared to the Sensex's -0.32%, but it has significantly outperformed the benchmark over the last month and year, with returns of 14.16% and 139.99%, respectively. This strong performance in comparison to the market suggests that investor confidence remains high despite some underlying risks, such as falling institutional interest and low profitability metrics. Overall, while the stock is currently rising, the mixed signals from its financial health and market participation indicate that investors should remain cautious.