Why is Globus Spirits falling/rising?

As of 14-Jul, Globus Spirits Ltd is experiencing a price increase, currently at 1,023.55, reflecting a rise of 15.1 or 1.5%. The stock has shown strong performance recently, gaining 8.63% over the last four days and outperforming its sector by 0.38% today. It has also consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a return of 20.78%, significantly higher than the market's return of 0.26%. Despite a notable decline in profits of 74.2%, the company maintains a high return on capital employed (ROCE) of 15.81% and a low debt-to-equity ratio, which contributes to its attractive valuation compared to peers. Additionally, there has been increased participation from institutional investors, who now hold 12.1% of the company, indicating confidence in its fundamentals.
In the broader market context, the stock's short-term performance has been impressive, with a 6.86% return over the past week, contrasting sharply with the Sensex, which has declined by 1.42% during the same period. This outperformance highlights the stock's resilience and appeal to investors, particularly in light of the recent increase in institutional stakes. The overall market conditions appear to favor Globus Spirits, as it continues to attract investor interest despite the challenges reflected in its profit figures.