Why is Transrail Light falling/rising?

As of 15-Jul, Transrail Lighting Ltd's stock price is currently at Rs 781.30, reflecting an increase of Rs 29.45 or 3.92%. The stock has been performing well, having outperformed its sector by 2.91% today and has gained 4.82% over the last two days. It is also trading close to its 52-week high, just 0.65% away from Rs 786.4. Over the past month, the stock has risen by 24.81%, significantly outperforming the Sensex, which has only increased by 1.79%. The company has demonstrated strong financial health, with a high return on capital employed (ROCE) of 34.87% and a low debt to EBITDA ratio of 0.69 times, indicating a solid ability to service its debt. Furthermore, the company has reported impressive growth in net sales and operating profit, with net sales growing at an annual rate of 30.20%.
In the broader market context, Transrail Lighting Ltd's short-term performance has been notably strong compared to the Sensex, which has declined by 1.36% over the past week while the stock itself has increased by 2.88%. This divergence suggests that investor sentiment towards Transrail Lighting is particularly positive, likely fueled by recent positive quarterly results and increased mutual fund holdings, which now stand at 2.51%. The rising investor participation, evidenced by a 44.21% increase in delivery volume, further supports the stock's upward movement. Overall, the combination of strong financial metrics, positive market sentiment, and favorable trading conditions has contributed to the stock's rise.