Why is Hitachi Energy falling/rising?

As of 30-Jul, Hitachi Energy India Ltd is experiencing a price increase, currently at Rs 20,824.75, reflecting a rise of Rs 1,024.15 or 5.17%. The stock has recently hit a new 52-week and all-time high of Rs 21,350, showcasing a strong performance today with an intraday high of 7.83%. Over the last two days, the stock has gained 9.89%, outperforming its sector by 2.49%. Additionally, the stock has demonstrated impressive returns over various periods, including a 75.74% increase over the past year and a staggering 546.03% over three years. The company has maintained a low debt-to-equity ratio of 0.07 and has reported positive results for six consecutive quarters, with a 37.1% growth in PAT compared to the previous four-quarter average. Furthermore, foreign institutional investors (FIIs) have increased their holdings to 7.2%, indicating growing confidence in the company.
In the broader market context, Hitachi Energy's short-term performance is notably strong, with a 4.75% increase over the past week, contrasting sharply with the Sensex, which has declined by 1.50% during the same period. This divergence highlights the stock's resilience and attractiveness to investors amid a challenging market environment. The capital goods sector has also seen a gain of 2.68%, contributing to the positive sentiment surrounding Hitachi Energy. The rising investor participation, evidenced by a 12.07% increase in delivery volume, further underscores the stock's liquidity and appeal, reinforcing its upward trajectory in the current market landscape.