Why is Fine Organic falling/rising?

As of 01-Jul, Fine Organic Industries Ltd is experiencing a price increase, with the current price at Rs 5,078.50, reflecting a rise of Rs 160.05 or 3.25%. The stock has shown strong performance today, outperforming its sector by 4.53% and achieving a consecutive gain over the last two days with a total return of 5.88%. It has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there is a notable decline in investor participation, as the delivery volume has decreased significantly by 74.51% compared to the 5-day average. Despite this, the company boasts a high management efficiency with a return on equity (ROE) of 24.59% and a low debt-to-equity ratio, which are positive indicators for its financial health.
In the broader market context, Fine Organic has outperformed the Sensex over the past week and month, with returns of 6.34% and 8.70% respectively, while the Sensex has returned 2.00% and 2.76%. However, it is important to note that the stock has underperformed over the longer term, with a 1-year return of -0.77% compared to the Sensex's 5.31%. This consistent underperformance against the benchmark over the last three years, coupled with a high valuation relative to its peers, raises concerns about its long-term growth potential. Despite the recent price rise, the stock's flat results and declining profits in the latest quarter suggest caution for investors.