Why is Transrail Light falling/rising?

As of 18-Sep, Transrail Lighting Ltd's stock price is currently at Rs 790.25, reflecting an increase of Rs 13.25, or 1.71%. Today's performance indicates a positive trend as the stock has outperformed its sector by 1.99% and has shown a trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 797.85, marking a 2.68% increase. Despite a slight decline over the past week and month, the stock has demonstrated strong year-to-date growth of 45.33%. The company has reported positive results for the last three consecutive quarters, showcasing robust financial health with a low Debt to EBITDA ratio and significant growth in net sales and operating profit.
Broader Market Context: In comparison to the benchmark Sensex, which has risen by 1.80% over the past week and 2.14% over the past month, Transrail Lighting Ltd's short-term performance has lagged, with declines of 0.42% and 2.12%, respectively. However, the stock's strong long-term fundamentals, including a high return on capital employed and consistent profit growth, suggest that the recent price increase may be driven by rising investor participation and liquidity, as evidenced by a significant rise in delivery volume. Overall, while the stock has faced short-term challenges, its long-term outlook remains positive, contributing to the recent upward movement in price.