Why is GTV Engineering falling/rising?

As of 01-Jul, GTV Engineering Ltd's stock price is rising, currently at 1,163.00, reflecting an increase of 53.05 or 4.78%. The stock has been performing strongly, with a notable 14.58% gain over the last four days and a 4.33% gap up at the open today. It is also close to its 52-week high, just 3.1% away from Rs 1199. The stock has consistently outperformed its sector by 5.47% today and is trading above all key moving averages, indicating strong momentum. Additionally, the company has shown impressive long-term growth, with operating profit increasing at an annual rate of 74.72%, and it has generated 109.17% returns over the past year, outperforming the BSE500 in each of the last three annual periods.
In the broader market context, GTV Engineering's short-term performance is significantly stronger than the benchmark, with a 1-week return of +13.90% compared to the Sensex's +2.00%. This indicates that investor interest in GTV Engineering is robust, supported by a 127.26% increase in delivery volume, suggesting rising investor participation. The company’s low debt-to-equity ratio and high return on capital employed (ROCE) of 26.34% further bolster investor confidence, contributing to the stock's upward trajectory. Overall, the combination of strong financial performance, positive market sentiment, and favorable trading conditions has led to the stock's recent rise.