Why is JP Power Ven. falling/rising?

As of 14-Jul, Jaiprakash Power Ventures Ltd's stock price is rising, currently at Rs. 27.22, reflecting an increase of 3.58 or 15.14%. The stock has recently hit a new 52-week high of Rs. 27.62 and has been on a positive trajectory, gaining 21.68% over the last three days. It has outperformed its sector by 14.49% today and has shown strong performance over various periods, including a 53.96% increase over the past month and a remarkable 332.75% rise over the last three years. Additionally, the company's operating profit has grown at an annual rate of 22.33%, indicating healthy long-term growth, which contributes to the stock's upward movement.
In the broader market context, while the Sensex has declined by 1.42% over the past week, Jaiprakash Power Ventures Ltd has delivered a robust return of 20.12% in the same timeframe, showcasing its strong performance relative to the benchmark. This divergence highlights the stock's resilience and attractiveness to investors, particularly given its consistent outperformance against the BSE500 over the past year and beyond. The rising investor participation, evidenced by an increase in delivery volume, further supports the positive sentiment surrounding the stock, reinforcing its upward price movement.