Why is TD Power Systems falling/rising?

As of 14-Jul, TD Power Systems Ltd is experiencing a price increase, currently at 495.70, which reflects a rise of 10.0 or 2.06%. The stock has outperformed its sector by 2.5% today and reached an intraday high of Rs 496. Over the past week, the stock has shown a return of +1.60%, while it has generated a notable +21.24% return over the last year, significantly outperforming the BSE500. Despite a recent decline in delivery volume, which fell by 27.94% against the 5-day average, the company maintains a healthy long-term growth trajectory, evidenced by an annual operating profit growth rate of 80.65% and a net profit increase of 82.64%. However, the stock is trading at a premium compared to its peers, which raises concerns about its valuation.
In the broader market context, while TD Power Systems has shown positive short-term performance, the Sensex has declined by 1.42% over the past week. This contrast highlights the stock's resilience in a challenging market environment. Despite the positive financial results and consistent returns over the past three years, there are risks associated with decreasing promoter confidence, as they have reduced their stake by 1.05%. This could indicate potential concerns about the company's future performance, which investors may weigh against the strong growth metrics when considering their investment decisions.