Why is Sanathan Textile falling/rising?

As of 13-Aug, Sanathan Textiles Ltd is experiencing a price increase, currently at Rs 483.00, reflecting a rise of Rs 27.45 or 6.03%. Today's price performance indicates a trend reversal as the stock has gained after nine consecutive days of decline, reaching an intraday high of Rs 486.25. Additionally, the stock has outperformed its sector by 5.69%. Despite a 9.05% decline over the past month, the year-to-date return stands at an impressive 31.86%. The company benefits from a low debt-to-equity ratio of 0.06 and an attractive valuation with a return on equity (ROE) of 9.5, which may have contributed to the recent positive movement. Furthermore, institutional investors have increased their stake by 0.52%, indicating growing confidence in the company's fundamentals.
In the broader market context, the stock's performance over the past week shows a decline of 0.65%, while the benchmark Sensex has remained relatively flat with a change of -0.01%. This suggests that the stock's recent rise may be driven by specific company factors rather than overall market trends. The stock's liquidity is adequate, with a significant increase in delivery volume, which has risen by 1221.96% compared to the five-day average. This heightened investor participation, particularly from institutional investors, may be a key driver behind the stock's upward movement today, contrasting with its recent performance relative to the benchmark.