Why is Genus Power falling/rising?

As of 25-Jun, Genus Power Infrastructures Ltd is experiencing a price increase, currently at Rs 375.65, reflecting a rise of 8.4 points or 2.29%. The stock has shown a strong performance today, outperforming its sector by 1.78% and achieving a consecutive gain over the last three days, with a total return of 7.02% during this period. It reached an intraday high of Rs 378.8, indicating positive momentum. Despite this, there has been a decline in investor participation, with delivery volume falling by 24.7% compared to the five-day average. The company has demonstrated robust financial health, evidenced by a significant net profit growth of 148.83% and consistent positive results over the last five quarters, which supports the stock's upward movement.
In the broader market context, Genus Power has outperformed the benchmark Sensex in the short term, with a 1-week return of 4.93% compared to the Sensex's 1.61%. While the stock has shown strong performance over the past year with a 21.00% return, it has lagged behind the benchmark year-to-date, with a decline of 2.01% against the Sensex's gain of 5.91%. The company's low debt-to-equity ratio and high return on capital employed (ROCE) further bolster investor confidence, contributing to the stock's recent rise despite the dip in trading volume. Overall, the combination of strong financial results and recent positive price movements suggests a favorable outlook for Genus Power in the current market environment.