Why is Bajaj Consumer falling/rising?

As of 04-Nov, Bajaj Consumer Care Ltd's stock price is rising, currently at Rs. 291.50, reflecting an increase of Rs. 5.2 or 1.82%. The stock has recently outperformed its sector by 2.04% and has been on a gaining streak for the last three days, accumulating a total return of 8.79% during this period. Additionally, the stock reached a new 52-week high of Rs. 293.05 today. Over the past year, Bajaj Consumer has generated a return of 29.93%, significantly outpacing the broader market, as evidenced by its strong performance across various time frames, including a 47.52% increase year-to-date.
In the broader market context, while the Sensex has declined by 1.38% over the past week, Bajaj Consumer has risen by 8.49%, showcasing its resilience and strong market position. The company's high management efficiency, indicated by a return on equity (ROE) of 20.70%, and a low debt-to-equity ratio contribute positively to investor sentiment. Furthermore, the stock's high institutional holdings at 25.39% suggest confidence from knowledgeable investors. However, it is important to note that the company has faced challenges, such as a decline in operating profit over the last five years, which could pose risks to its long-term growth.