Why is Ritesh Intl. falling/rising?

As of 15-Jul, Ritesh International Ltd's stock price is currently at 37.89, reflecting an increase of 0.4 or 1.07%. The stock has been gaining for the last three days, with a total return of 6.19% during this period. It is performing in line with its sector, and the delivery volume has increased by 11.55% compared to the five-day average, indicating rising investor participation. Over the past year, the stock has generated a return of 38.54%, significantly outperforming the market, which has seen a mere 0.37% return. The company has also reported healthy long-term growth, with a 121.98% increase in net profit and positive results for the last four consecutive quarters, contributing to its recent upward movement.
In the broader market context, Ritesh International Ltd's short-term performance of +2.29% over the past week stands in stark contrast to the Sensex, which has declined by 1.36% during the same period. This divergence highlights the stock's resilience and attractiveness to investors, especially given its strong operating profit growth and favorable valuation metrics compared to its peers. The stock's ability to maintain a higher return than the benchmark, alongside its solid financial performance, suggests that it is positioned well in the current market environment, further supporting its rising price trend.