Why is HLE Glascoat falling/rising?

As of 05-Sep, HLE Glascoat Ltd is experiencing a price increase, currently at 550.00, reflecting a rise of 24.5 (4.66%). The stock has reached a new 52-week high of Rs. 579.8 today, outperforming its sector by 4.72%. In terms of returns, the stock has shown a strong performance over various periods, with a 1-month increase of 27.92% and a year-to-date rise of 48.93%. Positive financial results, including a significant growth in profit before tax and profit after tax, along with high management efficiency indicated by a return on capital employed (ROCE) of 21.26%, contribute to the stock's upward movement. However, there are concerns regarding long-term growth, as operating profit has only grown at an annual rate of 13.07% over the last five years.
Broader market context shows that while the stock has been performing well, the benchmark index, Sensex, has only increased by 1.13% over the past week and has remained flat over the past month. Despite the broader market generating negative returns of -1.81% over the past year, HLE Glascoat has managed to deliver a return of 31.80%, indicating its resilience and strong market position. However, the stock's liquidity has been affected by a decrease in delivery volume, which fell by 37.76% against the 5-day average, suggesting a potential risk in investor participation. Overall, the stock's recent rise can be attributed to strong financial performance and market-beating returns, despite some concerns regarding long-term growth and investor engagement.