Why is HEC Infra Proj. falling/rising?

As of 24-Jun, HEC Infra Projects Ltd is experiencing a price increase, currently at 175.34, reflecting a rise of 7.81 or 4.66%. The stock has recently hit a new 52-week high of Rs.175.9 and has outperformed its sector by 4.97%. It is trading above all key moving averages, indicating strong momentum. Over the past week, the stock has surged by 16.91%, and year-to-date, it has gained 48.66%. The company has shown impressive growth metrics, with net sales increasing at an annual rate of 30.18% and a staggering net profit growth of 2080.77%. Promoter confidence is also rising, as they have increased their stake in the company, which is a positive signal for investors.
In the broader market context, HEC Infra Projects Ltd has significantly outperformed the Sensex, which has only increased by 0.77% over the same one-week period. This stark contrast highlights the stock's strong performance relative to the market. Despite some risks, such as low management efficiency and high debt levels, the consistent positive results over the last seven quarters and the company's ability to generate substantial returns over the past three years have contributed to its rising stock price. The stock's valuation appears to be attractive compared to its peers, further supporting investor interest and confidence in its future performance.