Why is Granules India falling/rising?

As of 26-Aug, Granules India Ltd's stock price is currently at 467.30, reflecting an increase of 8.05, or 1.75%. The stock has been gaining momentum, having risen 2.25% over the last two days and outperforming its sector by 3.55% today. It reached an intraday high of Rs 475.25, which is a 3.48% increase. Despite a year-to-date decline of 21.04% and a one-year drop of 31.64%, the stock's recent performance is bolstered by high management efficiency, indicated by a return on capital employed (ROCE) of 18.77%, and a low debt-to-EBITDA ratio of 0.91 times, suggesting a strong ability to service debt. Additionally, high institutional holdings at 36.77% may provide a level of stability and confidence in the stock's fundamentals. In the broader market context, Granules India has outperformed the benchmark Sensex in the short term, with a one-week return of 2.29% compared to the Sensex's decline of 1.05%. However, the stock's long-term performance remains concerning, as it has underperformed the market significantly over the past year. While the overall market (BSE500) has seen a negative return of -3.87%, Granules India’s much steeper decline of -31.64% highlights ongoing challenges. Despite the recent positive movement, the stock's poor long-term growth prospects, with net sales and operating profit growth rates of only 10.50% and 9.06% respectively over the last five years, may continue to weigh on investor sentiment moving forward.