Why is Asahi India Glas falling/rising?

As of 17-Nov, Asahi India Glass Ltd's stock price is rising, currently at 1,003.00, reflecting an increase of 33.8 or 3.49%. The stock reached a new 52-week high of Rs 1005.9 today and has outperformed its sector by 1.23%. Over the past week, the stock has gained 6.09%, and it has shown impressive returns of 50.44% over the last year, significantly outperforming the BSE500 index. The company exhibits high management efficiency with a return on capital employed (ROCE) of 16.27%, and its operating profit has grown at an annual rate of 26.27%, contributing to a strong long-term growth outlook.
In the broader market context, Asahi India Glass has outperformed the Sensex, which has only increased by 1.69% over the past week. The glass sector itself has seen a gain of 2.43%, indicating a positive environment for the industry. However, there has been a notable decline in investor participation, with delivery volume falling by 71.73% against the 5-day average, which could raise concerns about liquidity despite the stock being liquid enough for trades. Overall, the combination of strong performance metrics and sector leadership supports the stock's upward movement, even as some indicators suggest caution regarding investor engagement.