Why is Solar Industries falling/rising?

As of 21-Jul, Solar Industries India Ltd is experiencing a price increase, currently at 14,950.00, reflecting a rise of 50.0 points or 0.34%. Today's price summary indicates that the stock has outperformed its sector by 0.71% and has shown a trend reversal by gaining after three consecutive days of decline. Despite a 1-week return of -2.10% and a 1-month return of -11.80%, the stock has demonstrated strong long-term performance with a year-to-date increase of 52.32% and a remarkable 449.03% rise over the past three years. The company's strong fundamentals, highlighted by a high Return on Capital Employed (ROCE) of 30.00% and consistent positive results over the last four quarters, contribute positively to its recent price movement.
In the broader market context, while the Sensex has shown a minimal decline of 0.06% over the past week, Solar Industries' short-term performance has lagged behind, indicating a divergence from the benchmark. However, the stock's significant long-term gains and rising investor participation, evidenced by a 36.12% increase in delivery volume, suggest a robust underlying demand despite recent fluctuations. The company's strong institutional holdings at 20.38% further bolster confidence among investors, although its high valuation metrics, such as a Price to Book Value of 30.8, may pose some risks. Overall, the combination of positive fundamentals and recent price recovery contributes to the stock's upward movement.