Why is Godfrey Phillips falling/rising?

As of 14-Aug, Godfrey Phillips India Ltd. is experiencing a price increase, currently trading at 10,160.00, which reflects a rise of 112.35 (1.12%). The stock has shown strong performance today, outperforming its sector by 1.58% and achieving a consecutive gain over the last two days with a total return of 5.56%. Over the past week, the stock has increased by 1.56%, and it has demonstrated impressive returns of 134.54% over the past year, significantly outperforming the BSE500 index. The company has reported positive financial metrics, including a high return on equity (ROE) of 18.34% and a low debt-to-equity ratio of 0.02, indicating strong management efficiency and financial health. Despite a recent decline in investor participation, the stock remains liquid enough for trading.
In the broader market context, while Godfrey Phillips has shown robust short-term performance, the benchmark Sensex has remained relatively flat with a change of -0.03% over the same week. This contrast highlights the stock's strength in a challenging market environment. The company’s consistent growth, with a net profit increase of 64.1% and a healthy operating profit growth rate of 30.05%, further supports its rising stock price. However, it is important to note that the stock is trading at a premium compared to its peers, which may pose a risk for potential investors. Overall, the combination of strong financial results and positive market sentiment has contributed to the stock's upward movement.