Why is Filatex India falling/rising?

As of 18-Jul, Filatex India Ltd's stock price is currently at 58.72, reflecting a slight increase of 0.04, or 0.07%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 0.24% during this period. It has outperformed its sector by 0.91% today, and the delivery volume has increased significantly, indicating rising investor participation. Over the past month, the stock has appreciated by 12.38%, contrasting with a decline of 1.34% over the past week. The company demonstrates a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 0.71 times, and has reported positive financial results, including a notable growth in net sales and profits.
In the broader market context, while Filatex India has experienced a decline of 4.80% year-to-date, it has outperformed the Sensex, which has gained 4.63% during the same period. The stock's performance over the last year shows a modest increase of 1.45%, with profits rising by 21.6%, suggesting a fair valuation relative to its peers. Despite the stock's recent volatility, its long-term performance remains strong, with a remarkable 369.76% increase over the past five years compared to the Sensex's 120.85%. This combination of solid financial metrics and positive market sentiment contributes to the stock's current upward movement.