Why is HEC Infra Proj. falling/rising?

As of 23-Jun, HEC Infra Projects Ltd is experiencing a price increase, currently at Rs 167.53, reflecting a rise of Rs 7.97 or 4.99%. The stock is trading close to its 52-week high, just 1.92% away from Rs 170.74, and has outperformed its sector by 2.24% today. Over the past week, the stock has gained 8.37%, and it has shown impressive returns of 32.95% over the past month and 42.03% year-to-date. The company has demonstrated strong financial performance, with net sales growing at an annual rate of 30.18% and operating profit increasing by 67.19%. Additionally, the promoters have shown confidence by increasing their stake by 1.73%, which is a positive indicator for investors. However, the company does face challenges such as low management efficiency and a high debt-to-EBITDA ratio, which could impact its long-term profitability.
In the broader market context, HEC Infra Projects Ltd has significantly outperformed the Sensex, which has only increased by 0.10% over the past week, while HEC's returns stand at 8.37%. This stark contrast highlights the stock's strong performance relative to the benchmark. The company's consistent returns over the last three years, including a 48.30% return in the past year, further emphasize its resilience and attractiveness to investors despite the risks associated with management efficiency and debt servicing capabilities. Overall, the combination of strong financial results, rising promoter confidence, and substantial outperformance against the benchmark has contributed to the stock's upward movement.