Why is Frontier Springs falling/rising?

As of 31-Jul, Frontier Springs Ltd is experiencing a price increase, currently at 5,025.00, reflecting a change of 22.45 (0.45%) upward. The stock has shown strong performance today, outperforming its sector by 1.38% and achieving a consecutive gain over the last three days with a total return of 12.81%. It opened with a significant gain of 6.79% and reached an intraday high of Rs 5,342. The stock has consistently outperformed the benchmark Sensex, with a 1-week return of +4.02% compared to the benchmark's -1.22%, and has generated impressive returns over the past year and three years, with increases of 235.67% and 1544.31%, respectively. The company has demonstrated strong financial health, with a low debt-to-equity ratio and outstanding net profit growth of 130.89%, contributing to positive investor sentiment.
In the broader market context, while Frontier Springs has shown remarkable short-term performance, the Sensex has declined by 1.22% over the past week, highlighting the stock's resilience in a challenging market environment. Despite its strong returns, the stock is trading at a premium compared to its peers, which may raise concerns among some investors, particularly given the low domestic mutual fund ownership. However, the consistent positive results over the last seven quarters and rising investor participation suggest that confidence in the company's growth trajectory remains strong, supporting the stock's upward movement.