Why is The Anup Enginee falling/rising?

As of 09-Jul, The Anup Engineering Ltd's stock price is rising, currently at Rs 2,904.00, reflecting an increase of Rs 68.0 or 2.4%. The stock has shown strong performance recently, gaining 5.48% over the last three days and outperforming its sector by 2.08% today. It reached an intraday high of Rs 2,953.95, which is a 4.16% increase. Additionally, the stock has delivered a 4.50% return over the past week and a 3.51% return over the past month, while it has consistently outperformed the BSE500 index in the last three years. The company has demonstrated high management efficiency with a return on equity (ROE) of 16.55%, a low debt-to-equity ratio, and has reported positive results for the last seven consecutive quarters, which has likely contributed to the recent upward movement in its stock price.
In the broader market context, The Anup Engineering Ltd's short-term performance has significantly outpaced the Sensex, which only gained 0.15% over the past week. The stock's rising investor participation, evidenced by a 91.8% increase in delivery volume compared to the five-day average, indicates growing confidence among investors, particularly institutional investors who have increased their stake in the company. However, it is important to note that despite the recent gains, the stock has a long-term growth concern due to its high valuation and a relatively low growth rate in operating profit over the past five years. This duality of strong short-term performance against a backdrop of potential long-term valuation issues may influence investor sentiment moving forward.