Why is Garware Tech falling/rising?

As of 25-Jun, Garware Technical Fibres Ltd is experiencing a price increase, currently trading at 913.50, reflecting a rise of 2.4 (0.26%). The stock has shown strong performance recently, gaining 8.19% over the last four days, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite underperforming its sector by 0.9% today, the stock has outperformed the benchmark Sensex over the past week and month, with returns of 5.11% and 3.52%, respectively. The company benefits from high management efficiency, a low debt-to-equity ratio, and significant institutional holdings, which contribute positively to investor sentiment. However, concerns about long-term growth persist, as net sales and operating profit growth rates are relatively modest compared to the stock's high valuation metrics.
Broader Market Context: In the context of the broader market, Garware Technical Fibres Ltd has outperformed the Sensex in the short term, with a 1-week return of 5.11% compared to the Sensex's 1.61%. This indicates that the stock is gaining traction among investors, likely driven by its strong recent performance and positive financial metrics. However, the stock's year-to-date performance shows a decline of 4.04%, contrasting with the Sensex's gain of 5.91%, suggesting that while the stock is currently rising, it has faced challenges earlier in the year that may affect its overall perception in the market.