Why is Supreme Power falling/rising?

As of 24-Jun, Supreme Power Equipment Ltd is experiencing a price increase, currently at 214.45, reflecting a rise of 8.3 or 4.03%. The stock has outperformed its sector today by 2.37%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a significant return of +10.34%, and over the past month, it has surged by +54.11%. The company's strong ability to service its debt, indicated by a healthy EBIT to Interest ratio of 6.15, along with impressive long-term growth metrics such as a 42.30% annual increase in net sales and a 74.23% rise in operating profit, contribute positively to its recent price movement. However, the stock has faced challenges with a -23.78% return over the past year, despite a 33% increase in profits, and its valuation appears expensive with a Price to Book Value of 7.
In the broader market context, the Sensex has only increased by 0.77% over the past week and month, indicating that Supreme Power's short-term performance is significantly stronger than the benchmark. This contrast highlights the stock's resilience and investor interest, particularly in light of rising delivery volumes, which have increased by 58.23% against the 5-day average. Despite the positive short-term performance, the stock's year-to-date return of -11.26% compared to the Sensex's +5.92% suggests that while the stock is currently rising, it has faced considerable challenges over a longer time frame.