Why is Godawari Power falling/rising?

As of 14-Nov, Godawari Power & Ispat Ltd is experiencing a price increase, currently at Rs 276.80, which reflects a rise of Rs 13.3 or 5.05%. The stock has shown a positive performance today, having opened with a gain of 4.42% and reached an intraday high of Rs 285, marking an increase of 8.16%. Additionally, the stock has outperformed its sector by 5.8% and is trading above its moving averages across various time frames. Over the past year, Godawari Power has delivered a remarkable return of 48.90%, significantly outperforming the BSE500 index in each of the last three annual periods. The company also boasts a high return on equity of 26.83% and a low debt-to-equity ratio of 0.08, indicating strong management efficiency and financial stability, which contribute positively to investor sentiment.
In the broader market context, the stock's short-term return of 0.80% over the past week is lower than the Sensex's return of 1.62%, suggesting that while the stock is rising, it is not keeping pace with the overall market in the immediate term. However, over the last month, Godawari Power has outperformed the Sensex, with a return of 13.28% compared to the benchmark's 3.09%. This indicates a strong performance relative to the market, bolstered by rising investor participation, as evidenced by a 27.65% increase in delivery volume. The liquidity of the stock also supports its trading activity, making it an attractive option for investors.