Why is Elantas Beck falling/rising?

As of 08-Jul, Elantas Beck India Ltd's stock price is currently at 11,669.55, reflecting an increase of 269.5 or 2.36%. The stock has shown a trend reversal, gaining after two consecutive days of decline, and has outperformed its sector by 2.94% today. Notably, the stock touched an intraday high of Rs 11,689.7, and the delivery volume has risen significantly, indicating increased investor participation. Over the last month, the stock has performed well with a return of 14.41%, although it has seen a decline of 8.83% year-to-date. The company boasts a high management efficiency with a return on equity (ROE) of 15.14% and a low debt-to-equity ratio, which are positive indicators. However, concerns about poor long-term growth persist, as net sales have only grown at an annual rate of 14.19% over the last five years, and profits have fallen by 6% over the past year.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has seen a slight increase of 0.02% over the past week. While Elantas Beck has outperformed the benchmark in the short term, its year-to-date performance lags behind the Sensex's 7.13% gain. This divergence highlights the stock's volatility and the mixed sentiment among investors, driven by both its strong recent performance and underlying concerns about its long-term growth potential.