Why is V-Guard Industri falling/rising?

As of 04-Jul, V-Guard Industries Ltd is experiencing a price increase, currently at 395.25 with a change of 1.2, representing a 0.3% rise. The stock has shown a positive performance recently, gaining 2.69% over the last two days, although it underperformed its sector by 0.97% today. In the past week, the stock has risen by 2.94%, while it has a year-to-date decline of 6.59%. Key positive factors contributing to this rise include high management efficiency with a return on capital employed (ROCE) of 19.18%, a low debt-to-equity ratio, and strong quarterly results showing a significant increase in net sales and profit before tax. Additionally, the stock is trading above its moving averages, and there has been a notable increase in investor participation, with delivery volume rising by 123.1% compared to the five-day average.
In the broader market context, V-Guard's recent performance contrasts with the Sensex, which has declined by 0.74% over the past week. While the stock has underperformed its sector today, its overall trend shows resilience, particularly with a 78.97% increase over the past three years compared to the benchmark's 56.73%. The company’s strong fundamentals, including high institutional holdings at 34.05% and a fair valuation based on its price-to-book ratio, suggest that it is well-positioned within its sector, contributing to investor confidence despite its year-over-year decline of 15.04%.