Why is Gabriel India falling/rising?

As of 09-Jul, Gabriel India Ltd's stock price is rising, currently at 1,028.20, reflecting an increase of 36.85 or 3.72%. The stock has recently outperformed its sector by 3.03% and has been on a consecutive gain streak for the last two days, accumulating a total return of 11.77% during this period. Notably, the stock reached a new 52-week high of Rs 1,047.95 today. Over the past week, Gabriel India has shown a robust performance with a 5.80% increase, and it has delivered an impressive 63.21% return over the past month, significantly outpacing the Sensex's 1.32% gain. The company's strong financial performance, with positive results over the last eight consecutive quarters, has likely contributed to the stock's upward movement, despite a relatively high valuation indicated by a Price to Book Value of 14.6.
Broader Market Context: In the context of the broader market, Gabriel India's recent performance stands out as it has generated a 5.80% return over the past week compared to the Sensex's modest gain of 0.15%. The stock's impressive returns over longer periods, including a 116.01% increase year-to-date and a 105.29% rise over the past year, further highlight its strong position relative to the market. However, there are concerns regarding its long-term growth potential, as net sales have only grown at an annual rate of 14.27% over the last five years, which may temper investor enthusiasm despite the current positive momentum.