Why is Gabriel India falling/rising?

As of 14-Jul, Gabriel India Ltd's stock price is rising, currently at Rs 1,103.60, reflecting an increase of Rs 24.1 or 2.23%. The stock has recently hit a new 52-week high of Rs 1,120 and has shown strong performance, gaining 19.97% over the past week and 81.19% over the last month. Despite a slight decline in delivery volume, the stock has consistently outperformed its sector and is trading above all key moving averages. Positive financial results over the last eight quarters, including record net sales and operating profit margins, have bolstered investor confidence. Additionally, an increase in institutional investor participation, which now holds nearly 20% of the company, suggests a favorable outlook among more sophisticated investors, although concerns about long-term growth and high valuation metrics remain.
In the broader market context, Gabriel India has significantly outperformed the benchmark Sensex, which has declined by 1.42% over the past week while the stock has risen nearly 20%. Year-to-date, Gabriel India has achieved a remarkable 131.85% return compared to the Sensex's 5.27%, indicating strong relative strength. This outperformance highlights the stock's resilience and attractiveness to investors, particularly in light of its recent positive earnings reports and institutional interest. However, the stock's high valuation and slower growth in net sales could pose risks if market conditions change or if the company fails to sustain its performance.