Why is Sanathan Textile falling/rising?

As of 18-Jul, Sanathan Textiles Ltd is experiencing a price increase, currently at 552.70, reflecting a rise of 4.0 or 0.73%. The stock has recently hit a new 52-week and all-time high of Rs. 555.05 today. Over the past week, it has outperformed the Sensex, gaining 4.08% compared to the benchmark's decline of 0.90%. Additionally, the stock has shown strong performance over the past month with a 22.82% increase, while the Sensex has only risen by 0.38%. The stock is trading above all key moving averages, indicating a positive trend. Furthermore, there has been a significant increase in investor participation, with delivery volume rising by 1531.38% against the 5-day average, suggesting heightened interest in the stock. Institutional investors have also increased their stake by 4.05%, which may contribute to the stock's upward momentum.
In the broader market context, Sanathan Textiles' strong short-term performance stands in contrast to the Sensex, which has shown a slight decline over the same period. The stock's year-to-date return of 50.89% significantly outpaces the Sensex's 4.63%, highlighting its robust performance relative to the market. The company's low debt-to-equity ratio and attractive valuation, with a return on equity of 9.5 and a price-to-book value of 2.5, further support its positive outlook. Overall, the combination of strong institutional interest, rising investor participation, and solid financial metrics contributes to the stock's rising price.