Why is GTV Engineering falling/rising?

As of 06-Oct, GTV Engineering Ltd's stock price is rising, currently at Rs 70.28, reflecting an increase of Rs 2.12 or 3.11%. The stock has shown strong performance recently, gaining 8.96% over the last three days and outperforming its sector by 3.4% today. In terms of returns, GTV Engineering has delivered impressive figures, with a year-to-date increase of 124.61% and a remarkable 161.31% rise over the past year. The company benefits from a low debt-to-equity ratio of 0.07 times and has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 76.46%.
In the broader market context, GTV Engineering's short-term performance significantly outpaces the benchmark, as it has achieved a 4.61% return over the past week compared to the Sensex's 1.77%. This trend of outperformance is consistent, as the stock has outperformed the BSE500 over various time frames, including the last three years and one year. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 9.68% against the five-day average, which may indicate a potential concern for future trading activity. Despite this, the overall market-beating performance and strong fundamentals support the stock's upward movement.