Why is Gabriel India falling/rising?

As of 15-Jul, Gabriel India Ltd's stock price is currently at 1,093.05, reflecting a decrease of 10.55 points or 0.96%. The stock recently hit a new 52-week high of Rs. 1,122.25 but has since fallen after five consecutive days of gains. Despite this decline, the stock has shown impressive performance over the past week, with a return of 10.26%, and a remarkable 129.63% year-to-date increase. However, it underperformed its sector today by 2.62%, and there has been a notable drop in investor participation, with delivery volume decreasing by 10.54% against the five-day average. While the company has consistently reported positive results over the last eight quarters, the long-term growth outlook appears limited, with net sales growing at an annual rate of only 14.27% over the past five years.
In the broader market context, Gabriel India has significantly outperformed the Sensex, which has only increased by 1.79% over the past month and 5.67% year-to-date. This stark contrast highlights the stock's strong performance relative to the benchmark. However, the stock's high valuation, indicated by a price-to-book value of 15.6 and a PEG ratio of 5.1, raises concerns about its sustainability. While institutional investors have increased their stake, indicating confidence in the company's fundamentals, the stock's recent price movement suggests that investors may be cautious due to its premium valuation and the potential for slower growth in the long term.