Why is Fiberweb (India) falling/rising?

As of 01-Jul, Fiberweb (India) Ltd is currently priced at 50.88, reflecting an increase of 0.49 or 0.97%. Today's price performance indicates that the stock has outperformed its sector by 1.61% and has shown a trend reversal after two consecutive days of decline. However, the stock's delivery volume has significantly decreased by 83.14% compared to the 5-day average, suggesting a drop in investor participation. Despite this, the company has reported strong financial results, including a 42.33% growth in net profit and record high net sales and operating profit margins. The stock is trading at a discount relative to its peers, with a low debt-to-equity ratio and an attractive valuation, which may contribute to its recent price increase.
In the broader market context, Fiberweb's short-term performance has not matched the benchmark, as it has experienced a slight decline of 0.02% over the past week, while the Sensex has risen by 2.00%. Year-to-date, the stock has underperformed significantly with an 18.59% decline compared to the Sensex's 7.11% gain. However, over the past year, Fiberweb has outperformed the broader market with a return of 13.52%, indicating that while it may be facing short-term challenges, its long-term prospects remain positive in comparison to the overall market performance.