Why is Adinath Textiles falling/rising?

As of 02-Jul, Adinath Textiles Ltd is experiencing a decline in its stock price, currently at Rs. 39.27, which reflects a decrease of 2.06 (-4.98%). The stock had recently hit a new 52-week high of Rs. 43.39 earlier in the day but has since fallen after five consecutive days of gains. Despite this drop, the stock has shown impressive returns over various periods, including a 55.46% increase over the past month and a staggering 2265.66% rise over the last five years. However, it underperformed its sector by 5.2% today, and the weighted average price indicates that more volume was traded closer to the low price, suggesting a lack of strong buying interest at higher levels.
In the broader market context, Adinath Textiles has significantly outperformed the Sensex over the past week, with a return of 47.08% compared to the benchmark's 0.79%. This strong short-term performance contrasts with the stock's recent decline, which may be attributed to profit-taking after its recent highs. Additionally, while the stock remains liquid enough for trading, the recent trend reversal and the drop in price indicate that investor sentiment may be shifting, leading to a cautious outlook despite the overall positive long-term performance.