Why is Filatex India falling/rising?

As of 01-Jul, Filatex India Ltd is experiencing a price increase, currently at Rs 61.45, reflecting a rise of 5.88 or 10.58%. The stock has shown strong performance today, outperforming its sector by 11.22% and achieving a consecutive gain over the last two days with a total return of 13.11%. It reached an intraday high of Rs 62, and is trading above its moving averages across various time frames. However, there is a notable decline in investor participation, with delivery volume falling by 63.52% compared to the 5-day average. While the company has demonstrated a strong ability to service debt and reported positive quarterly results, concerns about long-term growth persist, as evidenced by a modest annual growth rate in net sales and operating profit over the past five years.
In the broader market context, Filatex India's short-term return of 9.81% over the past week significantly outpaces the Sensex, which has only increased by 2.00% in the same period. Despite this positive short-term performance, the stock's year-to-date return is slightly negative at -0.37%, contrasting with the Sensex's gain of 7.11%. Additionally, the decrease in institutional investor participation, which has declined by 0.86% over the previous quarter, may indicate a lack of confidence among larger investors, potentially impacting the stock's future performance.