Why is Genus Power falling/rising?

As of 23-Jul, Genus Power Infrastructures Ltd is experiencing a price increase, currently at 374.15, reflecting a rise of 3.15 (0.85%). The stock has outperformed its sector today by 1.04% and has shown consecutive gains over the last two days, accumulating a total return of 3.1% during this period. Despite a recent decline of 2.17% over the past week, the stock has performed positively over the last month with a return of 2.90%. The company has demonstrated strong financial performance, with a significant net profit growth of 148.83% and consistent positive results over the last five quarters, contributing to investor confidence. However, there is a noted decrease in investor participation, with delivery volume dropping by 47.55% compared to the five-day average, which may indicate some caution among investors.
In the broader market context, while Genus Power's recent performance has been positive, it has underperformed the Sensex over the past week, which has seen a slight increase of 0.11%. Year-to-date, Genus Power has declined by 2.40%, contrasting with the Sensex's gain of 5.87%. Despite this, the stock has shown remarkable returns over the longer term, with a 372.71% increase over the past three years. The high institutional holdings at 24.1% suggest that knowledgeable investors are backing the company, although the stock's valuation is considered expensive based on its ROCE and enterprise value metrics. This combination of strong fundamentals and cautious investor behavior may explain the stock's recent upward movement amidst broader market trends.