Why is Grauer & Weil falling/rising?

As of 17-Jul, Grauer & Weil (India) Ltd is experiencing a price increase, currently at 108.10, reflecting a change of 1.55 or 1.45% upward. The stock has shown strong performance recently, outperforming its sector by 1.2% today and reaching an intraday high of Rs 109.9, which is a 3.14% increase. Over the past week, the stock has risen by 2.61%, and it has delivered impressive returns of 27.01% over the last month and 25.30% over the past year, significantly outperforming the BSE500 index during these periods. However, despite these positive trends, there are concerns regarding the company's long-term growth, as evidenced by a relatively low annual growth rate in net sales and operating profit over the last five years, alongside a high price-to-earnings ratio compared to its peers.
In the broader market context, while Grauer & Weil has shown strong short-term performance, the benchmark Sensex has declined by 1.12% over the past week, indicating that the stock is performing well against the broader market. The company's low debt-to-equity ratio and consistent returns over the last three years are positive indicators; however, the negative results reported in March, including a decline in profit after tax and operating profit, raise concerns about its valuation and future growth potential. Additionally, the minimal stake held by domestic mutual funds suggests a lack of confidence in the stock's current price, which could impact investor sentiment moving forward.