Why is Hitachi Energy falling/rising?

As of 26-Aug, Hitachi Energy India Ltd's stock price is currently at Rs 19,781.60, reflecting an increase of Rs 341.6, or 1.76%. The stock has shown a positive trend today, gaining after two consecutive days of decline, and it outperformed its sector by 3.57%. The stock reached an intraday high of Rs 20,144.7, indicating strong intraday performance. Over the past week, the stock has returned 0.44%, while it has significantly outperformed the benchmark Sensex over various periods, including a remarkable 63.49% return over the last year. The company has demonstrated healthy long-term growth, with an operating profit growth rate of 19.09% and positive results for the last six consecutive quarters, contributing to investor confidence. Additionally, foreign institutional investors (FIIs) have increased their holdings to 7.2%, further supporting the stock's upward movement.
In the broader market context, while Hitachi Energy has shown resilience and strong performance, the Sensex has declined by 1.05% over the past week, indicating that the stock is performing well relative to the market. Despite a slight decrease in investor participation, as evidenced by a 1.3% drop in delivery volume, the stock remains liquid enough for trading. The company's low debt-to-equity ratio and consistent returns over the last three years further bolster its attractiveness to investors, suggesting that the stock's rise is supported by solid fundamentals and positive market sentiment.