Why is Navin Fluo.Intl. falling/rising?

As of 22-Jul, Navin Fluorine International Ltd's stock price is rising, currently at Rs 4,989.00, reflecting an increase of 17.65 (0.36%). The stock has been gaining for the last two days, with a total return of 2.42% during this period. It is trading above all its moving averages, indicating positive momentum. Over the past month, the stock has outperformed the benchmark with a return of 7.24% compared to the Sensex's -0.27%. Additionally, the company has shown strong financial performance, with a high operating profit to net sales ratio and significant growth in net sales and profit before tax. However, there are concerns regarding long-term growth, as operating profit has only grown at an annual rate of 12.84% over the last five years, and the stock is considered expensive based on its valuation metrics.
In the broader market context, while Navin Fluorine has outperformed the Sensex in the short term, the benchmark has shown a slight decline of 0.47% over the past week. The stock's strong performance can be attributed to high institutional holdings and management efficiency, which suggest confidence in the company's fundamentals. Despite the recent gains, the falling investor participation, as indicated by a decrease in delivery volume, may pose a risk to sustained upward momentum. Overall, while the stock is currently rising, the mixed signals regarding long-term growth and valuation could influence future price movements.