Why is Granules India falling/rising?

As of 11-Sep, Granules India Ltd is currently priced at 524.35, reflecting an increase of 2.25 or 0.43%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive short-term trend. However, there has been a notable decline in investor participation, with delivery volume falling by 30.52% compared to the 5-day average. Over the past week, the stock has gained 2.16%, significantly outperforming the Sensex, which rose by only 1.03%. Despite this recent uptick, the stock has underperformed over the longer term, with a year-to-date decline of 11.40% and a one-year drop of 22.80%. The company's high management efficiency, indicated by a return on capital employed (ROCE) of 18.77%, and strong debt servicing capability with a low Debt to EBITDA ratio of 0.91 times, provide some support for its valuation. However, 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, raise concerns.
In the broader market context, Granules India has shown a strong short-term performance compared to the benchmark, with a 1-month return of 18.90% against the Sensex's 1.17%. However, the stock's long-term performance remains a concern, as it has significantly underperformed the market over the past year, with a return of -22.80% compared to the BSE500's -2.29%. The high institutional holdings at 36.77% suggest that informed investors are backing the stock, but the overall negative sentiment due to flat results and declining profits may overshadow these positive factors. Thus, while there are some indicators of strength in the short term, the long-term outlook appears challenging, contributing to the stock's mixed performance.