Why is Eureka Forbes falling/rising?

As of 21-Jul, Eureka Forbes Ltd's stock is currently priced at 562.35, reflecting an increase of 3.45 or 0.62%. Today's price summary indicates that the stock has outperformed its sector by 1.76%, although it is trading lower than its 5-day, 20-day, and 50-day moving averages. In the past week, the stock has seen a decline of 0.82%, and over the last month, it has dropped by 4.41%. However, it has shown a strong performance over the past year with a return of 16.26%, significantly higher than the market's return of 1.63%. The company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 85.50% and operating profit at 182.78%. Furthermore, it has reported positive results for the last 12 consecutive quarters, contributing to its favorable valuation compared to peers.
In the broader market context, while the stock has experienced short-term declines, it has outperformed the benchmark in the long term, particularly with a 16.26% return over the past year compared to the Sensex's 1.98%. The stock's liquidity is also favorable, with a delivery volume increase of 38.21% against the 5-day average, indicating rising investor participation. Despite recent short-term challenges, the company's low debt-to-equity ratio and strong financial metrics, such as a return on capital employed (ROCE) of 5.01% and a price-to-book value of 2.5, suggest a solid foundation for future growth, which may support the stock's upward movement in the longer term.