Why is Grauer & Weil falling/rising?

As of 25-Jun, Grauer & Weil (India) Ltd is experiencing a significant rise in its stock price, currently at 108.29, reflecting an increase of 14.79 or 15.82%. The stock has shown strong performance today, outperforming its sector by 14.43% and achieving a consecutive gain over the last two days with a total return of 16.53%. It reached an intraday high of Rs 111.45, indicating high volatility with an intraday fluctuation of 8.97%. The stock has consistently outperformed the BSE 500 over the past three years, with a remarkable 269.91% return in that period. However, there are concerns regarding its long-term growth, as evidenced by a relatively low annual growth rate in net sales and operating profit over the last five years, alongside disappointing quarterly results in March 2025.
In the broader market context, Grauer & Weil's short-term return of 22.22% over the past week significantly surpasses the Sensex's return of 1.61% in the same period. While the stock has shown impressive short-term gains, its long-term growth prospects appear limited, as indicated by a high Price to Book Value ratio and low domestic mutual fund holdings, suggesting a lack of confidence among institutional investors. Despite these concerns, the stock's recent performance and rising investor participation, with an 82.38% increase in delivery volume, have contributed to its upward price movement.