Why is Sanathan Textile falling/rising?

As of 12-Sep, Sanathan Textiles Ltd is experiencing a price increase, currently at Rs 520.50, reflecting a rise of 9.15 (1.79%). The stock has shown strong performance, gaining 3.85% over the last four days and outperforming its sector by 2.37% today. It reached an intraday high of Rs 548.9, indicating significant upward momentum. Additionally, the stock has outperformed the benchmark Sensex over the past week and month, with returns of 1.66% and 13.20%, respectively. The company also benefits from a low debt-to-equity ratio of 0.06 and an attractive valuation with a return on equity of 9.5, which has contributed to positive investor sentiment. Furthermore, institutional investors have increased their stake, indicating growing confidence in the company's fundamentals.
In the broader market context, Sanathan Textiles has outperformed the Sensex, which has only gained 1.48% over the past week and 2.08% over the past month. This relative strength suggests that the stock is attracting investor interest amid a generally positive market environment. The significant increase in delivery volume, which rose by 5473.36% against the five-day average, further underscores the rising investor participation and liquidity in the stock. Overall, the combination of strong recent performance, positive institutional interest, and favorable financial metrics has contributed to the stock's upward movement.