Why is Granules India falling/rising?

As of 25-Aug, Granules India Ltd's stock price is currently at Rs 459.25, reflecting an increase of Rs 2.25 or 0.49%. The stock has shown a trend reversal, gaining after two consecutive days of decline, and reached an intraday high of Rs 469.05, which is a 2.64% increase. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has decreased by 0.50%, and year-to-date, it has fallen by 22.40%. Despite these declines, the stock has experienced a rise in investor participation, with delivery volume increasing by 34.52% compared to the 5-day average. The company's management efficiency is highlighted by a high return on capital employed (ROCE) of 18.77%, and it maintains a low debt to EBITDA ratio of 0.91 times, indicating a strong ability to service debt. However, the stock has underperformed significantly over the past year, generating a return of -32.94%, and its profits have decreased by 3.3%.
In the broader market context, Granules India's short-term performance has lagged behind the benchmark, with the Sensex gaining 0.45% over the past week while Granules India has declined by 0.50%. This underperformance is further emphasized by its negative returns over the past month and year, contrasting with the Sensex's positive returns. The stock's long-term growth prospects appear poor, with net sales and operating profit growth rates of only 10.50% and 9.06%, respectively, over the last five years. Additionally, the company's flat results in June 2025 and a low ROCE of 14.17% further contribute to the negative sentiment surrounding the stock. Despite high institutional holdings at 36.77%, which typically indicate confidence in the company's fundamentals, the overall performance metrics suggest a challenging environment for Granules India Ltd.