Why is Fiberweb (India) falling/rising?

As of 26-Jun, Fiberweb (India) Ltd's stock price is rising, currently at 51.43, reflecting an increase of 2.24 or 4.55%. Today's price summary indicates that the stock outperformed its sector by 3.63% and opened with a significant gain of 5.29%. After two consecutive days of decline, the stock has shown a trend reversal, reaching an intraday high of Rs 53.7. Despite a decrease in delivery volume by 7.26% compared to the 5-day average, the stock is trading above all key moving averages, suggesting positive momentum. The company has demonstrated strong financial performance, with a net profit growth of 42.33% and positive results over the last two quarters, contributing to an attractive valuation with a low debt-to-equity ratio.
In the broader market context, Fiberweb's short-term performance has been notably strong, with a 9.29% increase over the past week compared to a 2.94% rise in the Sensex. Over the past month, the stock has gained 16.25%, significantly outperforming the Sensex's 1.92% increase. However, it is important to note that the stock has underperformed year-to-date, with a decline of 17.71% against the Sensex's 7.19% gain. While the company has shown positive short-term results, concerns about poor management efficiency and low long-term growth rates could pose risks to its future performance.