Why is Greaves Cotton falling/rising?

As of 16-Sep, Greaves Cotton Ltd. has experienced a price increase, with the current price at 225.00, reflecting a change of 2.0 (0.9%) upwards. The stock has been gaining for the last three days, with a total return of 5.09% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the stock has shown a significant rise in delivery volume, increasing by 142.52% against the 5-day average. Despite a year-to-date decline of 18.93%, the stock has outperformed the market with a 19.17% return over the past year, supported by very positive financial results, including a remarkable 1262.75% growth in net profit and consistent positive results over the last two quarters.
In the broader market context, Greaves Cotton's short-term performance of +3.88% over the past week significantly outpaces the Sensex, which has only gained +1.58% in the same period. This indicates that the stock is not only recovering but also gaining momentum relative to the benchmark. Despite the overall market (BSE500) generating negative returns of -2.93% over the last year, Greaves Cotton's ability to deliver positive returns highlights its resilience and attractiveness to investors, further contributing to its rising stock price.