Why is Sanghvi Movers falling/rising?

As of 18-Sep, Sanghvi Movers Ltd is experiencing a price increase, currently at Rs 390.70, reflecting a rise of 4.3 or 1.11%. The stock has shown strong performance today, outperforming its sector by 0.71% and reaching an intraday high of Rs 397, which is a 2.74% increase. Over the past week, the stock has risen by 8.44%, and it has also demonstrated significant growth over the past month with an 18.39% increase. Despite a slight decline of 1.62% over the past year, the long-term performance is impressive, with a 214.64% increase over three years and an astonishing 918.77% rise over five years. The company maintains a low Debt to EBITDA ratio of 0.84 times, indicating a strong ability to service its debt, and its operating profit has grown at an annual rate of 85.19%, contributing positively to investor sentiment.
In the broader market context, Sanghvi Movers' short-term return of 8.44% over the past week significantly outpaces the Sensex, which has only increased by 1.80% during the same period. This strong performance relative to the benchmark suggests that investor confidence in Sanghvi Movers is robust, despite a noted decline in delivery volume by 35.62% compared to the five-day average, indicating a potential decrease in investor participation. However, the stock's liquidity remains adequate for trading, allowing for continued interest from investors. Overall, the combination of strong financial metrics and favorable short-term performance relative to the market contributes to the stock's rising price.