Why is Shanthi Gears falling/rising?

As of 23-Jul, Shanthi Gears Ltd. is experiencing a price increase, currently at Rs 578.50, reflecting a rise of Rs 11.6 or 2.05%. The stock has shown strong performance recently, gaining 11.57% over the last three days and outperforming its sector by 1.28% today. Additionally, it has demonstrated impressive returns over various periods, including an 18.22% increase over the past month and a remarkable 136.85% rise over the last three years. The company benefits from a low debt-to-equity ratio and a healthy long-term growth rate in operating profit, which has grown at an annual rate of 34.57%.
In the broader market context, Shanthi Gears has significantly outperformed the benchmark Sensex, which has only increased by 0.11% over the past week while Shanthi Gears rose by 8.42%. This stark contrast highlights the stock's strong momentum relative to the market. Furthermore, the stock's trading above all major moving averages indicates a bullish trend, and the substantial increase in delivery volume suggests rising investor interest and confidence in the stock's future performance.