Why is Remsons Ind. falling/rising?

As of 25-Jun, Remsons Industries Ltd's stock price is currently at Rs 141.95, reflecting an increase of Rs 1.2 or 0.85%. The stock has shown a positive trend recently, gaining 8.4% over the last two days, despite underperforming its sector by 1.05% today. It reached an intraday high of Rs 144.6, and its delivery volume has surged significantly, indicating rising investor participation. While the stock has underperformed over the past month and year, with returns of -1.70% and -30.66% respectively, it has shown strong performance over a three-year period, with a return of 241.06%. Positive factors contributing to the recent price movement include the highest quarterly net sales and profits, alongside a rising promoter stake, which suggests increased confidence in the company's future.
In the broader market context, Remsons Industries Ltd has outperformed the Sensex over the past week, with a return of 2.86% compared to the Sensex's 1.61%. However, the stock has struggled in the longer term, particularly over the past year, where it has significantly lagged behind the market's overall performance, which has seen a return of 3.43%. This underperformance, coupled with a modest growth rate in net sales over the past five years, raises concerns about the company's long-term growth prospects, despite the recent positive indicators.