Why is GTV Engineering falling/rising?

As of 28-Jul, GTV Engineering Ltd's stock price is rising, currently at Rs. 94.75, reflecting an increase of Rs. 11.58 or 13.92%. The stock has reached a new 52-week high today and has outperformed its sector by 15.25%. After experiencing two consecutive days of decline, the stock has shown a trend reversal, opening with a significant gain of 13.92%. Over the past week, the stock has increased by 20.63%, and it has delivered impressive returns of 268.96% over the past year, significantly outperforming the BSE500 index. The company also boasts a low debt-to-equity ratio and strong long-term growth, with operating profit growing at an annual rate of 74.72%, which positively influences investor sentiment.
In the broader market context, while GTV Engineering has shown strong short-term performance, the benchmark Sensex has declined by 1.59% over the past week. This stark contrast highlights the stock's resilience and market-beating performance, particularly as it has outperformed the benchmark over various time frames, including a remarkable 863.20% increase over the past three years. Despite a recent drop in investor participation, the stock remains liquid enough for trading, indicating ongoing interest from investors. Overall, the combination of strong financial performance and positive market sentiment has contributed to the stock's upward movement.