Why is Grauer & Weil falling/rising?

As of 01-Jul, Grauer & Weil (India) Ltd is experiencing a price increase, currently at Rs 104.75, reflecting a rise of 1.57 (1.52%). The stock has shown a positive trend today, gaining after three consecutive days of decline, and it outperformed its sector by 2.8%. Additionally, it reached an intraday high of Rs 106.8, marking a 3.51% increase. Over the past week, the stock has surged by 12.03%, and it has consistently outperformed the BSE500 index over the last three years, with a remarkable 262.46% increase. However, despite these positive indicators, there are concerns regarding the company's long-term growth, as evidenced by a modest net sales growth rate of 12.85% and a low return on equity of 16.7%, which suggests an expensive valuation relative to its peers.
Broader Market Context: In the context of the broader market, Grauer & Weil's short-term performance significantly outpaces the Sensex, which has only increased by 2.00% over the same week. This strong relative performance indicates that investor sentiment towards Grauer & Weil is currently favorable, despite the company's low domestic mutual fund holdings, which may reflect some hesitance among institutional investors. The stock's liquidity is also favorable, with a delivery volume increase of 73.83% against the five-day average, suggesting rising investor participation. Overall, while the stock is currently rising, the mixed signals regarding its long-term growth and valuation may warrant caution among potential investors.