Why is Interarch Build. falling/rising?

As of 07-Nov, Interarch Building Solutions Ltd is experiencing a significant rise in its stock price, currently at Rs 2,545.70, reflecting an increase of Rs 352.35 or 16.06%. The stock has recently hit a new 52-week and all-time high of Rs 2,619.05 and has outperformed its sector by 14.83%. Over the past week, the stock has gained 21.09%, and in the last month, it has risen by 27.63%. The company has shown strong performance with positive results for the last three consecutive quarters, including a 48.13% growth in profit after tax and record net sales of Rs 491.09 crore. Additionally, the stock's low debt-to-equity ratio and favorable valuation metrics contribute to its upward momentum.
In the broader market context, while the Sensex has seen a slight decline of 0.86% over the past week, Interarch Building Solutions Ltd has significantly outperformed this benchmark, showcasing its strong market position with a 49.82% return over the past year compared to the BSE500's 2.78%. The rising investor participation, indicated by a substantial increase in delivery volume, further supports the stock's upward trajectory. Overall, the combination of strong financial performance, positive market sentiment, and favorable trading conditions has contributed to the stock's rise.