Why is Ravindra Energy falling/rising?

As of 29-Aug, Ravindra Energy Ltd's stock price is currently at Rs 142.40, reflecting an increase of Rs 1.9 or 1.35%. The stock has shown positive momentum recently, gaining 2.58% over the last two days and outperforming its sector by 2.19% today. It has also reached an intraday high of Rs 144. The company has demonstrated strong financial performance, with a net profit growth of 73.26% and positive results over the last two quarters. Additionally, the stock has outperformed the BSE500 index significantly over various time frames, including a remarkable 103.43% return over the past year.
In the broader market context, while Ravindra Energy has shown a positive return of 4.17% over the past month, the benchmark Sensex has declined by 1.88% during the same period, indicating that the stock is performing well relative to the market. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 53.56% compared to the 5-day average. Despite this drop in participation, the stock's liquidity remains adequate for trading, and its consistent performance in the long term suggests a strong market position.