Why is Windsor Machines falling/rising?

As of 10-Nov, Windsor Machines Ltd's stock price is rising, currently at 299.05, reflecting an increase of 10.15 (3.51%). The stock has outperformed its sector today by 2.42% and opened with a significant gain of 12.48%. It reached an intraday high of Rs 324.95, indicating strong initial momentum. Despite this, the stock has shown high volatility with an intraday fluctuation of 6.51% and a notable decrease in delivery volume, which fell by 48.7% compared to the 5-day average. Over the past week, the stock has increased by 3.95%, while its performance over the last year has yielded a return of 25.18%, significantly outperforming the BSE500 in each of the last three annual periods. The company has also reported positive results for the last three consecutive quarters, showcasing strong growth in operating profit and net profit.
In the broader market context, Windsor Machines Ltd's recent performance contrasts with the Sensex, which has seen a decline of 0.53% over the past week. While the stock has demonstrated strong returns over the past year and three years, it faces challenges such as low management efficiency, indicated by a low return on equity of 1.25%, and a relatively high price-to-book value ratio. Additionally, the increase in pledged promoter shares could exert downward pressure on the stock in a falling market. Despite these concerns, the company's low debt-to-equity ratio and consistent returns over the years provide a foundation for its current price rise.