Why is TD Power Systems falling/rising?

As of 03-Nov, TD Power Systems Ltd is experiencing a price increase, with its current price at Rs 814.60, reflecting a rise of Rs 40.0 or 5.16%. The stock has recently hit a new 52-week and all-time high of Rs 850.05, and it has been on a consecutive gaining streak for the last six days, accumulating a total return of 25.48% during this period. The company has shown strong performance metrics, including a significant increase in net sales by 47.65% and consistent positive results over the last six quarters. Additionally, the stock has outperformed its sector by 4.04% today, and it is trading above all major moving averages, indicating strong bullish momentum. The low debt-to-equity ratio and high institutional holdings further support investor confidence in the stock.
In the broader market context, TD Power Systems has significantly outperformed the benchmark Sensex, which has seen a decline of 0.94% over the past week, while the stock itself has surged by 26.09% in the same timeframe. This stark contrast highlights the stock's strong performance relative to the market. The company's impressive returns over various periods, including a 97.24% increase over the last year and a staggering 569.90% over the last three years, further emphasize its robust growth trajectory. However, it is important to note that the stock is trading at a premium compared to its peers, which could pose a risk if valuations are not justified by future earnings growth.