Why is The Anup Enginee falling/rising?

As of 07-Jul, The Anup Engineering Ltd's stock price is rising, currently at 2,808.00, reflecting an increase of 55.0 or 2.0%. Today's performance indicates a trend reversal, as the stock has gained after two consecutive days of decline. It outperformed its sector by 2.37% and reached an intraday high of Rs 2813.4. Over the past week, the stock has shown a return of +1.36%, while its performance over the last year has been notably strong at +55.55%. Positive factors contributing to this rise include high management efficiency, a low debt-to-equity ratio, and consistent positive results over the last seven quarters, with net sales growing at 24.2%. Additionally, institutional investors have increased their stake, indicating growing confidence in the company's fundamentals.
In the broader market context, the stock's short-term performance contrasts with the Sensex, which has seen a slight decline of -0.20% over the past week. While the stock has outperformed the benchmark in the short term, it has underperformed on a year-to-date basis, with a decline of -19.01% compared to the Sensex's gain of +6.79%. Despite this, the stock's strong historical returns over the last three years, coupled with increasing institutional participation, suggest a positive outlook, even as concerns about its long-term growth and high valuation persist.