Why is Stratmont Indus. falling/rising?

As of 13-Aug, Stratmont Industries Ltd is experiencing a price increase, currently at Rs 93.69, reflecting a rise of Rs 4.46 or 5.0%. Today's price movement indicates a trend reversal as the stock has gained after five consecutive days of decline. Despite opening with a loss of 5%, it reached an intraday high of Rs 93.69, showcasing high volatility with a wide trading range of Rs 8.92. The stock has shown a positive performance in the last month, with a return of 9.23%, and has outperformed its sector by 4.29% today. However, it has a year-to-date decline of 21.07%, which contrasts with its strong annual return of 49.00%. The company benefits from high management efficiency, significant growth in net sales, and strong institutional holdings, which contribute positively to its recent price movement.
In the broader market context, the Sensex has remained relatively flat with a change of -0.01% over the past week, while Stratmont's short-term performance has been notably more volatile. The stock's recent gains come amid a backdrop of falling investor participation, as evidenced by a significant drop in delivery volume. Despite this, the stock's long-term performance remains strong, outperforming the benchmark over various periods, particularly with a remarkable 402.36% increase over the last three years. This combination of short-term volatility and long-term growth potential suggests that while the stock is currently rising, it faces challenges in maintaining investor interest in the near term.