Why is Remsons Ind. falling/rising?

As of 18-Sep, Remsons Industries Ltd is experiencing a price increase, currently at Rs 127.00, which reflects a rise of Rs 2.0 or 1.6%. The stock has shown positive momentum, gaining for four consecutive days with a total return of 2.83% during this period. Today, it outperformed its sector by 1.46% and reached an intraday high of Rs 129.2. Despite a year-to-date decline of 13.19% and a significant drop of 37.41% over the past year, the stock's recent performance is bolstered by an increase in institutional investor participation, which has risen by 2% in the last quarter, indicating growing confidence among larger investors. Additionally, the stock is trading at a discount compared to its peers, and its profits have increased by 17.2% over the past year, contributing to a more attractive valuation.
In the broader market context, while the Sensex has risen by 1.80% over the past week and 2.14% over the past month, Remsons Industries Ltd has underperformed with a 1.24% gain over the same week and a 0.78% decline over the past month. This indicates that while the stock is currently rising, it has struggled to keep pace with the overall market trends. The company's long-term growth prospects remain a concern, as evidenced by its lower net sales growth and operating profit over the last five years. However, the recent increase in investor participation and the stock's attractive valuation may provide some support for its current upward movement.