Why is Responsive Ind falling/rising?

As of 21-Jul, Responsive Industries Ltd is currently priced at 241.55, reflecting an increase of 0.75, or 0.31%. The stock has outperformed its sector today by 0.63% and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown a modest gain of 0.44%, while it has significantly outperformed the Sensex over the last month with a return of 16.69% compared to the benchmark's decline of 0.25%. Despite a recent drop in investor participation, with delivery volume falling by 47.51%, the company demonstrates strong fundamentals, including a low Debt to EBITDA ratio of 1.18 times and impressive operating profit growth of 63.05% annually. However, the stock's valuation appears expensive with a ROCE of 14.3 and a high enterprise value to capital employed ratio of 4.2, which may deter some investors.
Broader market context indicates that while Responsive Industries has underperformed the market over the past year with a return of -12.48%, the broader BSE500 index has generated a positive return of 1.63%. This underperformance is notable given that the stock's profits have increased by 23.7% during the same period, suggesting a disconnect between market perception and company performance. The high institutional holdings at 35.13% may provide some stability, as these investors typically have better resources to analyze the company's fundamentals. Overall, while the stock is currently rising, its long-term performance remains a concern in the context of broader market trends.