Why is Anand Rayons falling/rising?

As of 04-Aug, Anand Rayons Ltd's stock price is currently at 295.10, reflecting an increase of 0.65, or 0.22%. The stock has been gaining for the last two days, with a total return of 0.34% during this period. Although it is close to its 52-week high, being only 3.35% away from Rs 305, it underperformed its sector by 0.78% today. The company has shown impressive long-term performance, generating a staggering 504.59% return over the past year, although it faces challenges with a -3.25% CAGR growth in operating profits over the last five years. Additionally, despite strong recent financial metrics, such as the highest PBDIT and operating profit to net sales, the stock's valuation remains high compared to its peers, which may deter some investors.
In the broader market context, Anand Rayons' short-term performance has been somewhat mixed when compared to the benchmark, as it has underperformed the Sensex by 0.30% over the past week, while it has outperformed the benchmark over the last month with a 0.55% gain. The stock's liquidity appears adequate, with a notable increase in delivery volume, indicating rising investor participation. However, the lack of domestic mutual fund investment, which stands at 0%, may suggest a lack of confidence in the stock's valuation or business fundamentals, potentially impacting its future price movements.