Why is Frontier Springs falling/rising?

As of 29-Jul, Frontier Springs Ltd is experiencing a price increase, currently at 4,550.00, which reflects a rise of 95.6 or 2.15%. Today's price summary indicates a trend reversal as the stock has gained after five consecutive days of decline, reaching an intraday high of Rs 4,575, while also touching a low of Rs 4,299.95. The stock has shown strong performance over the year, with a return of 209.73%, significantly outperforming the benchmark Sensex, which has remained flat at -0.02%. Positive factors contributing to this rise include a low debt-to-equity ratio, outstanding net profit growth of 130.89%, and consistent positive results over the last seven quarters, which have bolstered investor confidence despite the stock's high valuation compared to peers.
In the broader market context, while Frontier Springs has faced a short-term decline of 11.87% over the past week, it has outperformed the Sensex, which has only declined by 1.03% in the same period. This suggests that despite recent volatility, the stock's long-term performance remains robust, with a year-to-date increase of 100.84%. The rising investor participation, indicated by a 45.64% increase in delivery volume, further supports the stock's upward movement. However, the lack of domestic mutual fund investment may indicate some caution among institutional investors regarding the stock's current valuation.