Why is JTEKT India falling/rising?

As of 15-Sep, JTEKT India Ltd's stock price is rising, currently at Rs 171.45, reflecting an increase of Rs 4.55 or 2.73%. The stock has shown strong performance recently, with a 7.26% gain over the past week and a remarkable 44.02% increase over the last month. Today, it outperformed its sector by 1.57% and has been on a consecutive gain streak for the last two days, accumulating a total return of 3.97%. The stock is trading above all key moving averages, indicating a positive trend, although there has been a notable decline in investor participation, with delivery volume dropping by 57.69% against the five-day average. Additionally, while the stock has generated a modest return of 1.48% over the past year, profits have decreased by 31.5%, which could be a concern for some investors.
In the broader market context, JTEKT India has outperformed the benchmark Sensex, which has only gained 1.24% over the past week, while JTEKT's performance stands out with a 7.26% increase. The stock's long-term growth prospects are bolstered by a low debt-to-equity ratio and a healthy operating profit growth rate of 42.67%. Furthermore, institutional investors have increased their stake, indicating confidence in the company's fundamentals. This combination of strong recent performance, institutional backing, and a favorable valuation compared to peers contributes to the stock's upward movement in the current market environment.