Why is Gabriel India falling/rising?

As of 27-Jun, Gabriel India Ltd's stock price is rising, currently at 670.65, reflecting an increase of 11.65 or 1.77%. The stock has shown strong performance recently, gaining 13.34% over the last four days and is currently trading close to its 52-week high, just 2.89% away from Rs 690. It has outperformed its sector by 1.09% today and is trading above all key moving averages. The company has demonstrated consistent positive results over the last eight quarters, with net sales reaching a record high of Rs 1,073.15 crore, and a low debt-to-equity ratio, which has attracted increased participation from institutional investors, who now hold 19.91% of the company. However, there are concerns regarding its long-term growth, as net sales have only grown at an annual rate of 14.27% over the past five years, and the stock is considered expensive with a high Price to Book Value ratio.
In the broader market context, Gabriel India's short-term return of 12.71% over the past week significantly outpaces the Sensex's return of 2.00% during the same period. This indicates that the stock is not only performing well on its own but is also gaining traction compared to the overall market. The strong institutional interest and consistent returns over the last three years further bolster investor confidence, despite the stock's high valuation metrics and slower profit growth relative to its price appreciation. Overall, the combination of positive financial performance, increased investor participation, and favorable short-term returns relative to the benchmark contributes to the stock's upward movement.