Why is Triveni Turbine falling/rising?

As of 14-Jul, Triveni Turbine Ltd. is experiencing a price increase, currently at 648.55 with a change of 4.3, representing a 0.67% rise. The stock has shown strong performance today, outperforming its sector by 1.19%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 53.34% compared to the 5-day average. Over the past week, the stock has gained 1.97%, while it has increased by 7.75% over the last month, contrasting with the Sensex, which has declined by 1.42% during the same period.
In the broader market context, Triveni Turbine's recent performance stands out against the benchmark, particularly in the short term, where it has significantly outperformed the Sensex. The company has demonstrated strong long-term fundamentals, with a consistent average Return on Equity (ROE) of 23.08% and a low Debt to Equity ratio. It has reported positive results for the last 14 consecutive quarters, achieving record highs in net sales, profit after tax, and PBDIT. Furthermore, the stock has consistently generated returns over the past three years, outperforming the BSE500 in each of the last three annual periods, which reinforces investor confidence and supports its rising price.