Why is Finolex Inds. falling/rising?

As of 21-Aug, Finolex Industries Ltd is experiencing a price increase, currently at Rs 208.25, reflecting a rise of Rs 4.55 or 2.23%. The stock has outperformed its sector today by 1.31%, reaching an intraday high of Rs 209.8. Over the past week, the stock has shown a significant return of +11.24%, while its performance over the last month is +1.44%. However, despite these short-term gains, the company has faced challenges, including a decline in operating profit over the past five years and negative results in the most recent quarter, which saw a substantial drop in profit before tax and net sales. Additionally, the stock's price is trading at a discount compared to its peers, but it has a relatively low debt-to-equity ratio, which may provide some stability.
In the broader market context, the Sensex has only increased by +1.74% over the past week, indicating that Finolex's short-term performance is notably stronger than the benchmark. Despite this, the stock has underperformed over the longer term, with a year-to-date return of -17.20% compared to the Sensex's +4.94%. Furthermore, institutional investor participation has decreased, which could signal a lack of confidence in the stock's long-term growth potential. Overall, while the recent price movement is positive, the underlying fundamentals and broader market trends suggest caution for future performance.