Why is Globus Spirits falling/rising?

As of 18-Aug, Globus Spirits Ltd is experiencing a price increase, currently at 1,203.75, reflecting a change of 12.35 or 1.04% upward. The stock has shown strong performance recently, outperforming its sector by 1.62% today and achieving a consecutive gain over the last five days with a total return of 3.35%. Additionally, the stock has outperformed the benchmark Sensex with a weekly return of 2.53% compared to the benchmark's 0.83%. The company has also demonstrated high management efficiency with a return on capital employed (ROCE) of 15.81% and a low debt-to-equity ratio of 0.33. Positive financial results declared in June 2025, including a significant growth in profit before tax and net sales, have further bolstered investor confidence, despite a notable decline in profits over the past year.
In the broader market context, while the BSE500 has generated negative returns of -1.14% over the last year, Globus Spirits has managed to achieve a remarkable return of 40.61%, indicating strong market-beating performance. The stock's positive momentum is supported by rising investor participation, as evidenced by a 38.4% increase in delivery volume against the five-day average. However, it is important to note that the company faces risks related to poor long-term growth, as its operating profit has declined at an annual rate of -6.04% over the last five years. Despite this, the stock's attractive valuation relative to peers and its recent positive financial performance contribute to its upward price movement.