Why is Gabriel India falling/rising?

As of 11-Jul, Gabriel India Ltd's stock price is rising, currently at Rs 1,079.50, with a change of 2.6 (0.24%) upwards. The stock has recently hit a new 52-week and all-time high of Rs 1,091.65 and has been on a consecutive gain streak for the last four days, yielding a total return of 17.35% during this period. Additionally, the stock has outperformed its sector by 0.92%. Over the past week, Gabriel India has shown impressive returns of 13.49%, while its performance over the last month has surged by 68.80%. The company has also demonstrated strong fundamentals, with positive results for the last eight consecutive quarters, including record net sales and operating profit margins. However, it faces 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.
In the broader market context, Gabriel India's short-term performance significantly outpaces the benchmark, with the Sensex declining by 1.12% over the past week. This stark contrast highlights the stock's strong momentum amidst a generally weak market. The increasing participation of institutional investors, who have raised their stake in the company, further supports the stock's upward trajectory, as these investors typically have more resources to analyze company fundamentals. Despite the stock trading at a premium compared to its peers, the consistent returns over the last three years, including a remarkable 119.37% return in the past year, indicate a strong investor confidence that is driving the stock price higher.