Why is Fiem Industries falling/rising?

As of 22-Jul, Fiem Industries Ltd is experiencing a price increase, currently at Rs 2,026.90, reflecting a rise of 9.2 points or 0.46%. The stock has shown strong performance recently, gaining 1.39% over the last two days and outperforming its sector by 1.52%. It is also trading close to its 52-week high, just 1.31% away from Rs 2,053.5. Over the past week, the stock has increased by 3.16%, and it has delivered impressive returns of 55.21% over the past year, significantly outpacing the benchmark Sensex, which has only risen by 2.09% in the same period. The company has demonstrated high management efficiency with a return on equity (ROE) of 15.96% and has consistently reported positive results over the last five quarters, contributing to its favorable valuation and recent price movement.
In the broader market context, Fiem Industries has outperformed the Sensex, which has seen a slight decline of 0.47% over the past week. While the stock's recent gains are notable, there is a concern regarding falling investor participation, as the delivery volume has decreased by 29.32% against the five-day average. However, the increase in institutional investor stakes by 3.15% indicates growing confidence in the company's fundamentals. Despite the positive short-term performance, there are risks associated with the company's long-term growth, as net sales have only grown at an annual rate of 11.98% over the past five years. Overall, the combination of strong recent performance, institutional interest, and solid financial results contributes to the stock's upward movement, despite some underlying risks.