Why is Haldyn Glass falling/rising?

As of 25-Jul, Haldyn Glass Ltd's stock price is currently at 151.85, reflecting an increase of 0.85 (0.56%). The stock has been on an upward trend, gaining for the last five consecutive days and achieving a remarkable 15.43% return over the past week. Additionally, it has outperformed its sector by 1.74% today. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Despite a decline in profits of -23.4% over the past year, the company maintains a low Debt to EBITDA ratio of 1.12 times, which suggests a strong ability to service debt. Furthermore, its attractive valuation, trading at a discount compared to peers, contributes positively to investor sentiment.
In the broader market context, Haldyn Glass has significantly outperformed the Sensex, which has seen a decline of 0.36% over the past week, while Haldyn Glass has risen by 15.43%. This stark contrast highlights the stock's strength relative to the market. However, it is worth noting that domestic mutual funds hold no stake in the company, which may indicate a lack of confidence in its long-term growth potential despite its recent performance. The company's net sales growth has been modest at an annual rate of 10.72% over the last five years, and recent flat results in March 2025 could raise concerns among investors about sustainability, even as the stock enjoys short-term gains.