Why is Allied Blenders falling/rising?

As of 17-Jul, Allied Blenders & Distillers Ltd is experiencing a price increase, currently trading at Rs 496.00, which reflects a rise of 2.0 (0.4%). The stock has shown strong performance recently, gaining 12.86% over the last six days and outperforming the benchmark with a 55.32% return over the past year compared to the Sensex's 1.91%. Despite this positive trend, the stock is currently 1.81% away from its 52-week high of Rs 505 and has underperformed its sector by 0.69% today. The company has demonstrated high management efficiency with a return on capital employed (ROCE) of 15.95% and has reported positive results for the last four consecutive quarters, contributing to its upward momentum.
In the broader market context, Allied Blenders has significantly outperformed the Sensex in both the short-term and long-term, with a 1-week return of 11.39% compared to the benchmark's decline of 1.12%. However, there are concerns regarding falling investor participation, as the delivery volume decreased by 1.19% against the 5-day average, which could indicate a potential slowdown in buying interest. Despite the stock's strong performance metrics and healthy long-term growth, its relatively expensive valuation, highlighted by a high enterprise value to capital employed ratio, may pose risks for future price movements.