Why is Maruti Suzuki falling/rising?

As of 28-Aug, Maruti Suzuki India Ltd's stock price is currently at 14,800.65, reflecting an increase of 75.15, or 0.51%. The stock has been performing well recently, having outperformed its sector by 1% today and achieving a new 52-week high of Rs. 14,940.65. Over the past week, the stock has gained 3.78%, and in the last month, it has risen by 20.04%. Additionally, the stock has shown consistent upward movement, gaining for the last five days with a total return of 4.14%. The company benefits from a low debt-to-equity ratio, healthy long-term growth in net sales, and a strong return on equity of 15.1, which contributes to its attractive valuation. However, it is important to note that while the stock has generated a return of 19.77% over the past year, its profits have decreased by 1.2%.
In the broader market context, Maruti Suzuki's performance stands out as it has significantly outperformed the benchmark Sensex, which has declined by 2.34% over the past week and 1.00% over the past month. The stock's year-to-date return of 36.24% also contrasts sharply with the Sensex's modest gain of 2.48%. This strong performance can be attributed to high institutional holdings, which suggest confidence from knowledgeable investors, and a liquidity level that supports trading activity. Overall, Maruti Suzuki's recent price rise is supported by positive company fundamentals and a favorable comparison to broader market trends.