Why is Filatex India falling/rising?

As of 07-Jul, Filatex India Ltd's stock price is currently at Rs 59.81, reflecting an increase of Rs 1.11 or 1.89%. The stock has shown strong performance today, outperforming its sector by 2.55% and reaching an intraday high of Rs 63, which is a 7.33% increase. Over the past week, the stock has gained 7.63%, while its one-month return stands at 6.23%. Despite a year-to-date decline of 3.03%, the stock has performed well over the past year with a return of 6.56%. The company has demonstrated a solid ability to service its debt, indicated by a low Debt to EBITDA ratio of 0.71 times, and has reported positive financial results, including a 26.98% growth in PAT over the last six months and a record net sales figure of Rs 1,080.02 crore.
In the broader market context, while Filatex India has outperformed its sector recently, the benchmark Sensex has seen a slight decline of 0.20% over the past week and a modest gain of 1.53% over the past month. This suggests that the stock's rise is somewhat independent of broader market trends. However, the stock's year-to-date performance is lagging behind the Sensex, which has gained 6.79% during the same period. Despite a decrease in investor participation, as indicated by a 51.53% drop in delivery volume, the stock remains liquid enough for trading, which may contribute to its recent upward price movement. Overall, the combination of strong financial performance and relative sector outperformance appears to be driving the stock's rise.