Why is Greaves Cotton falling/rising?

As of 13-Aug, Greaves Cotton Ltd. is experiencing a slight decline in its stock price, currently at 214.00, reflecting a change of -0.3 or -0.14%. Despite this recent drop, the stock has shown a positive trend over the past week and month, with returns of +3.61% and +6.26%, respectively. However, it has underperformed its sector today by -0.97%. The stock has also seen a trend reversal after two consecutive days of gains. Notably, the company has reported a significant growth in net profit of 1262.75% and has declared positive results for the last two quarters, which may have contributed to investor interest, as evidenced by a 51.5% increase in delivery volume compared to the 5-day average.
In the broader market context, while the Sensex has remained relatively flat with a change of -0.01% over the past week, Greaves Cotton's performance has outpaced the benchmark significantly over the past year, achieving a return of +30.33% compared to the Sensex's +2.01%. This indicates that, despite the recent decline, the stock has been resilient in a challenging market environment, particularly given the overall negative return of -0.64% from the BSE500 over the last year. The company's low debt-to-equity ratio and strong operating cash flow further support its stability, suggesting that the recent price movement may be a temporary fluctuation rather than a reflection of underlying financial weakness.