Why is Gowra Leasing falling/rising?

As of 22-Jul, Gowra Leasing & Finance Ltd's stock price is rising, currently at Rs. 137.69, reflecting an increase of Rs. 6.55 or 4.99%. The stock has recently hit a new 52-week and all-time high, and it has outperformed its sector by 5.2% today. Over the past week, the stock has gained 6.71%, and in the last month, it has surged by 37.55%. The company has shown strong financial performance, with a significant growth in profit after tax and other key financial metrics over the last three quarters. This positive trend, along with the stock's consistent outperformance against benchmarks over various time frames, supports the recent upward movement.
In the broader market context, while the Sensex has seen a slight decline of 0.47% over the past week, Gowra Leasing's strong performance stands in stark contrast, showcasing its resilience and attractiveness to investors. The stock's year-to-date return of 136.17% and a remarkable 244.22% increase over the past year further emphasize its market-beating performance. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 9.62% against the five-day average, which could indicate a potential concern for future trading activity. Despite this, the overall liquidity remains sufficient for trading, suggesting that the stock's upward momentum may continue in the near term.