Why is Thacker & Co. falling/rising?

As of 10-Jul, Thacker & Company Ltd's stock price is currently at 1,681.35, reflecting an increase of 61.3, or 3.78%. The stock has shown strong performance today, outperforming its sector by 3.18%, and reached an intraday high of Rs 1689.8, which is a 4.31% increase. Over the past week, the stock has gained 3.47%, although it has experienced a decline of 6.56% over the past month. Notably, the stock has generated impressive returns over the last year, with a 67.30% increase, and has consistently outperformed the BSE500 in each of the last three annual periods. The company also maintains a low debt-to-equity ratio, which is favorable for investors, and has seen a significant rise in delivery volume, indicating increased investor participation.
In the broader market context, while Thacker & Company Ltd has performed well in the short term, the benchmark Sensex has remained relatively flat with a slight decrease of 0.06% over the past week. This contrast highlights the stock's strong performance against the market backdrop. However, it is important to note that the stock has underperformed the benchmark over the longer term, with a year-to-date decline of 14.87% compared to the Sensex's gain of 6.46%. This divergence suggests that while the stock is currently experiencing a positive movement, it has faced challenges in the broader market over the past year.