Why is Granules India falling/rising?

As of 24-Sep, Granules India Ltd's stock price is currently at 531.80, reflecting an increase of 8.5, or 1.62%. The stock has shown a trend reversal, gaining after four consecutive days of decline, and it outperformed its sector by 2.07% today. Despite this positive movement, the stock has experienced a -2.61% decline over the past week, although it has increased by 16.37% over the last month. The stock is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, but below its 5-day moving average. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 67.11% compared to the 5-day average. The company maintains a high management efficiency with a return on capital employed (ROCE) of 18.77% and a low debt to EBITDA ratio of 0.91, indicating strong financial health.
Broader Market Context: In comparison to the benchmark Sensex, which has declined by 1.18% over the past week, Granules India has outperformed in the short term. However, the stock's year-to-date performance shows a decline of 10.14%, contrasting with the Sensex's gain of 4.58%. While the stock has high institutional holdings at 36.77%, indicating confidence from larger investors, it has also faced challenges with a -5.47% return over the past year, alongside a 3.3% decrease in profits. This combination of factors suggests that while the stock is currently rising, it faces underlying pressures that may affect its longer-term performance.