Why is Saint-Gob. Sekur falling/rising?

As of 03-September, Saint-Gobain Sekurit India Ltd is experiencing a price increase, currently at Rs 123.20, reflecting a rise of Rs 1.95 or 1.61%. The stock has shown strong performance recently, outperforming its sector by 2.02% today and achieving a consecutive gain over the last three days with an overall increase of 8.88%. It reached an intraday high of Rs 126.4, indicating positive momentum. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bullish trend. The company has a low debt-to-equity ratio and has reported significant growth in operating profit, with net sales and profit before tax showing impressive quarterly results. However, despite these positive indicators, the stock's valuation appears expensive relative to its peers, and domestic mutual funds hold a minimal stake, which may reflect caution regarding its current price.
In the broader market context, the stock has outperformed the Sensex in the short term, with a 1-week return of +6.39% compared to the benchmark's -0.27%. This indicates that investor sentiment towards Saint-Gobain Sekurit India Ltd is currently more favorable than the overall market. However, the stock has underperformed on a year-to-date basis, with a decline of -5.23% against the Sensex's increase of +3.11%. The mixed performance over different time frames, combined with the company's strong quarterly results and rising investor participation, suggests that while the stock is gaining traction in the short term, there are underlying concerns regarding its valuation and institutional interest that could impact future performance.