Why is TD Power Systems falling/rising?

As of 03-Sep, TD Power Systems Ltd's stock price is rising, currently at Rs 554.95, reflecting an increase of Rs 41.45 or 8.07%. The stock has recently reached a new 52-week high of Rs 560 and has shown strong performance, gaining 11.16% over the past week and 10.69% over the past month. The stock has been on a consecutive gain streak for the last five days, outperforming its sector by 7.37%. Additionally, the company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 113.25% and consistent positive results over the last five quarters. However, there are concerns regarding reduced promoter confidence, as they have decreased their stake by 6.34%, which may indicate a lack of confidence in the company's future.
Broader market context shows that while TD Power Systems has been performing well, the benchmark Sensex has seen a slight decline of 0.27% over the past week. The stock's year-to-date return of 23.02% significantly outpaces the Sensex's 3.11% increase, highlighting its strong relative performance. This contrast suggests that investor interest in TD Power Systems is robust, driven by its solid financial metrics and growth prospects, despite some caution from promoters regarding future business confidence.