Why is TGV Sraac falling/rising?

As of 28-Jul, TGV Sraac Ltd's stock price is rising, currently at Rs 105.14, reflecting an increase of Rs 2.03 or 1.97%. The stock has shown a positive trend today, outperforming its sector by 2.66% and reversing a three-day decline. It reached an intraday high of Rs 108.5, indicating strong intraday performance. Over the past week, the stock has gained 3.19%, while its one-month return stands at 7.51%. The company has reported positive results for the last three consecutive quarters, with significant growth in net sales and profits, contributing to its attractive valuation compared to peers. However, the stock has a long-term growth concern, as net sales and operating profit have only grown at annual rates of 10.95% and 7.42%, respectively.
In the broader market context, TGV Sraac's short-term performance contrasts with the Sensex, which has declined by 1.59% over the past week and 3.77% over the past month. This indicates that TGV Sraac is performing well relative to the overall market. Despite a decline in investor participation, as evidenced by a significant drop in delivery volume, the stock's liquidity remains sufficient for trading. The low debt-to-equity ratio and the company's ability to generate substantial profit growth over the past year further support its recent price increase, although the minimal stake held by domestic mutual funds suggests some caution among institutional investors.