Why is Granules India falling/rising?

As of 28-Aug, Granules India Ltd's stock is currently priced at 467.35, reflecting a slight increase of 0.05 (0.01%). The stock has shown a positive trend recently, having gained 2.26% over the last three days and outperforming its sector by 0.85% today. Despite a year-to-date decline of 21.03% and a one-year drop of 34.07%, the stock has seen a 1.64% increase over the past week and a 0.95% rise over the past month. The company demonstrates high management efficiency with a return on capital employed (ROCE) of 18.77% and a low debt to EBITDA ratio of 0.91, indicating a strong ability to service its debt. However, 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.
Broader market context shows that while Granules India has outperformed the sector in the short term, it has significantly underperformed the broader market, with the Sensex declining by 2.34% over the past week and 1.00% over the past month. The stock's performance is further contrasted by its negative returns over the past year compared to the market's slight decline of 2.08%. High institutional holdings at 36.77% suggest that knowledgeable investors are backing the stock, yet the overall sentiment remains cautious due to its substantial underperformance relative to market benchmarks and the flat results reported in June.