Why is Grauer & Weil falling/rising?

As of 15-Jul, Grauer & Weil (India) Ltd is experiencing a price increase, currently at Rs 109.85, reflecting a rise of Rs 5.2 or 4.97%. The stock has shown strong performance today, outperforming its sector by 3.88% and reaching an intraday high of Rs 110.4. Over the past week, the stock has gained 4.47%, and it has demonstrated impressive returns over the last month and year, with increases of 30.74% and 25.33%, respectively. The company has a low Debt to Equity ratio and has consistently generated returns, outperforming the BSE500 in the last three annual periods. However, there are concerns regarding its long-term growth, as net sales and operating profit have grown at lower rates compared to its historical performance, and recent quarterly results showed a decline in profit after tax.
In the broader market context, Grauer & Weil's short-term performance stands in stark contrast to the Sensex, which has declined by 1.36% over the past week. This divergence indicates that investor sentiment towards Grauer & Weil is notably more positive than the overall market. The stock's liquidity is adequate for trading, and rising investor participation, as evidenced by a significant increase in delivery volume, suggests growing interest. Despite the positive short-term trends, the stock's high valuation relative to its peers and the low stake held by domestic mutual funds may indicate underlying caution among investors regarding its long-term prospects.