Why is Fine Organic falling/rising?

As of 24-Jun, Fine Organic Industries Ltd is experiencing a rise in its stock price, currently at Rs 4,775.50, reflecting an increase of 69.5 points or 1.48%. The stock has shown strong performance today, outperforming its sector by 1.08% and achieving a consecutive gain over the last three days, with a total return of 5.51% during this period. Additionally, it has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. The company also benefits from high management efficiency, as evidenced by a return on equity (ROE) of 24.59% and a low debt-to-equity ratio, which supports investor confidence. However, it faces challenges with poor long-term growth, as indicated by a flat operating profit growth rate and declining profits in recent quarters.
In the broader market context, Fine Organic has outperformed the benchmark Sensex over the past week and month, with returns of 2.83% and 3.95%, respectively, compared to the Sensex's 0.58% and 0.41%. This suggests that the stock is gaining traction relative to the overall market. Despite its recent positive performance, the company has shown only modest returns over the past year, with a 0.33% increase, while its profits have decreased slightly. The stock's high valuation, trading at a premium compared to peers, may also weigh on investor sentiment in the long run, despite the current upward movement.