Why is Remsons Ind. falling/rising?

As of 04-Sep, Remsons Industries Ltd is experiencing a price increase, currently at 126.60, which reflects a rise of 4.7 or 3.86%. Today's price summary indicates that the stock opened with a gain of 2.46% and reached an intraday high of Rs 130.15, marking a 6.77% increase. Over the past week, the stock has outperformed the sector by 4.62%, and despite a year-to-date decline of 13.47%, it has shown a positive return of 5.68% over the past week. The company has an attractive valuation with a return on capital employed (ROCE) of 13 and a PEG ratio of 1.6, indicating that while the stock has underperformed over the last year with a return of -29.14%, its profits have increased by 17.2%. Additionally, institutional investors have increased their stake by 2%, suggesting growing confidence in the company's fundamentals.
In the broader market context, the stock's recent performance contrasts with the Sensex, which has only increased by 0.80% over the past week. While the stock has shown short-term gains, it has significantly underperformed the market over the past year, where the BSE500 index recorded a decline of -4.38%. The stock's liquidity remains adequate, but there has been a notable decrease in investor participation, with delivery volume falling by 29.05% against the five-day average. This decline in participation could indicate caution among retail investors, despite the positive movements and institutional interest.