Why is Filatex India falling/rising?

As of 25-Jun, Filatex India Ltd is currently priced at 56.24, reflecting an increase of 0.28 or 0.5%. The stock has been gaining momentum, having risen 9.95% over the last three days, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite underperforming its sector by 0.66% today, the stock has shown strong investor participation, with a significant increase in delivery volume by 264.98% compared to the 5-day average. The company has demonstrated a strong ability to service debt, evidenced by a low Debt to EBITDA ratio of 0.71 times, and positive quarterly results, including a record net sales figure of Rs 1,080.02 crore and a 29.3% growth in PAT. However, the stock has experienced a decline of 8.82% year-to-date and a 3.83% drop over the past year, despite a 21.6% increase in profits, indicating some underlying challenges.
In the broader market context, Filatex India has outperformed the Sensex in the short term, with a 7.64% return over the past week compared to the benchmark's 1.61%. However, the stock's long-term growth prospects appear limited, as evidenced by a modest annual growth rate of 8.85% in net sales over the last five years. Additionally, there has been a decrease in institutional investor participation, which could signal concerns about the company's future performance. While the stock is currently trading at a discount compared to its peers and has a favorable PEG ratio of 0.9, the declining stake of institutional investors may weigh on investor sentiment moving forward.