Why is Sanathan Textile falling/rising?

As of 07-Jul, Sanathan Textiles Ltd is experiencing a price increase, currently at Rs 499.50, reflecting a rise of Rs 8.6 or 1.75%. The stock has shown strong performance recently, with a 1-week return of 4.16% and a 1-month return of 6.91%, significantly outperforming the Sensex, which has seen a decline of 0.20% over the same week and a modest gain of 1.53% over the month. Despite opening lower today with a loss of 2.83%, the stock rebounded to touch an intraday high of Rs 503.7. Additionally, the stock is trading above all key moving averages, indicating a bullish trend. The increase in delivery volume by 586.62% suggests rising investor interest, particularly from institutional investors who have increased their stake by 4.05% recently, reflecting confidence in the company's fundamentals.
In the broader market context, while the Sensex has shown a slight gain of 1.53% over the past month, Sanathan Textiles has significantly outperformed this benchmark, indicating strong investor sentiment towards the stock. The company's low debt-to-equity ratio and attractive valuation, with a return on equity of 12.7 and a price-to-book value of 3.1, further support its positive outlook. Although the stock has generated a return of 0.00% over the past year, the increase in profits by 23% and the growing participation from institutional investors suggest a favorable environment for continued growth, contributing to the stock's upward movement.