Why is Nikhil Adhesives falling/rising?

As of 25-Jul, Nikhil Adhesives Ltd is experiencing a price increase, with the current price at 115.00, reflecting a change of 1.1 (0.97%) upward. The stock has outperformed its sector today by 2.27%, and it is trading above its 5-day, 50-day, 100-day, and 200-day moving averages, although it is below the 20-day moving average. Over the past week, the stock has gained 2.04%, while it has shown a significant increase of 18.57% over the past month. However, it has a negative year-to-date return of -3.28% and a one-year return of -11.71%. Despite these fluctuations, the company has a low Debt to EBITDA ratio of 0.93 times and a PEG ratio of 1.2, indicating a fair valuation relative to its earnings growth. Nevertheless, the stock's long-term growth prospects appear weak, with net sales growing at only 6.75% annually over the last five years, which may contribute to investor caution.
In the broader market context, Nikhil Adhesives has outperformed the Sensex, which has declined by 0.36% over the past week and 1.56% over the past month. Despite the stock's recent positive movement, it has underperformed the market over the last year, where the BSE500 index generated a slight negative return of -0.19%. The lack of domestic mutual fund investment, holding only 0% of the company, suggests a lack of confidence from institutional investors, which could be a factor in the stock's overall performance. While the stock has shown some resilience in the short term, the combination of poor long-term growth indicators and limited institutional interest may weigh on its future price movements.