Why is Navin Fluo.Intl. falling/rising?

As of 09-Jul, Navin Fluorine International Ltd's stock price is rising, currently at Rs. 5,114.00, reflecting an increase of Rs. 68.4 or 1.36%. The stock has recently hit a new 52-week and all-time high of Rs. 5,121, and it has outperformed its sector by 1.38%. Over the past two days, the stock has gained 4.15%, supported by a significant increase in delivery volume, which rose by 83.97% compared to the five-day average. Additionally, the stock has shown strong performance over various periods, with a year-to-date return of 57.51% and a one-year return of 38.90%, both significantly higher than the broader market benchmarks. Positive factors contributing to this rise include high management efficiency, a strong ability to service debt, and increased institutional holdings, which indicate confidence from informed investors.
In the broader market context, Navin Fluorine's short-term performance of +5.01% over the past week stands in stark contrast to the Sensex, which has only increased by 0.15%. This indicates that the stock is not only performing well on its own but is also gaining traction relative to the market. While there are concerns regarding long-term growth and valuation metrics, the recent positive financial results and strong operational performance have bolstered investor confidence, contributing to the stock's upward movement.