Why is Globe Commercial falling/rising?

As of 21-Aug, Globe Commercials Ltd is experiencing a price increase, with its current price at Rs 29.23, reflecting a rise of 1.39 or 4.99%. The stock has shown a positive performance today, outperforming its sector by 5.18% and has gained consecutively over the last two days, accumulating a total return of 7.9% in this period. Despite a decline of 13.16% over the past month and a year-to-date drop of 24.66%, the stock has generated a notable return of 14.54% over the past year. The company's strong fundamentals, including a high return on capital employed (ROCE) of 26.82%, a low debt to EBITDA ratio of 0.47, and impressive growth in net sales and operating profit, contribute positively to its recent price movement.
In the broader market context, while the benchmark Sensex has increased by 1.74% over the past week, Globe Commercials Ltd's short-term performance of +0.79% indicates it has underperformed relative to the benchmark. However, the stock's ability to generate positive returns despite a generally negative market environment, as evidenced by its performance against the BSE500, which has seen a decline of 1.56% over the past year, highlights its resilience. The stock's attractive valuation, trading at a discount compared to its peers, along with consistent positive results over the last five quarters, suggests that investor sentiment may be shifting positively, contributing to the recent rise in its stock price.