Why is Sansera Enginee. falling/rising?

As of 17-Sep, Sansera Engineering Ltd's stock price is rising, currently at 1,520.00, reflecting an increase of 95.55 or 6.71%. The stock has shown strong performance today, outperforming its sector by 6.48% and achieving a consecutive gain over the last two days with an overall return of 8.51%. It reached an intraday high of Rs 1523.05, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a decline in investor participation, with delivery volume dropping by 35.49% compared to the 5-day average. The company benefits from a low Debt to EBITDA ratio of 1.22 times and strong financial results, including a PAT of Rs 62.23 crore and a low debt-equity ratio of 0.15 times, which contribute positively to its recent stock movement.
In the broader market context, Sansera Engineering Ltd has outperformed the benchmark Sensex over the past week and month, with returns of 7.12% and 18.50%, respectively, compared to the Sensex's 1.56% and 2.60%. While the stock has a year-to-date return of 2.10%, it lags behind the Sensex's 5.83% return. The high institutional holdings at 56.47% suggest that knowledgeable investors are backing the stock, which may provide additional confidence to retail investors. Overall, the combination of strong financial metrics and recent positive performance relative to the sector and benchmark contributes to the stock's upward movement.