Why is Ingersoll-Rand falling/rising?

As of N/A, Ingersoll-Rand (India) Ltd is experiencing a price increase, currently at 4,050.80, reflecting a change of 9.45 or 0.23% upward. While today's price summary data is unavailable, the stock has shown a positive trend over the past week with a return of 4.40%, significantly outperforming the Sensex, which has declined by 0.20%. Over the past month, the stock has increased by 6.17%, indicating strong short-term performance despite a year-to-date decline of 2.95%. The company benefits from strong long-term fundamentals, evidenced by an average Return on Equity (ROE) of 26.50% and a healthy operating profit growth rate of 32.67% annually. Additionally, the low Debt to Equity ratio suggests financial stability, which may contribute to investor confidence and support the stock's recent upward movement.
In the broader market context, Ingersoll-Rand's recent performance contrasts with the Sensex, which has shown a modest gain of 1.53% over the past month. This indicates that while the stock has been rising, the overall market has been relatively stable, suggesting that specific company factors are driving the stock's performance rather than broader market trends. The stock's strong returns over the past three years, at 162.95%, and five years, at 548.23%, further highlight its resilience and potential for growth, despite a decline of 11.05% over the past year compared to the Sensex's increase of 4.31%.