Why is Vadilal Inds. falling/rising?

As of 15-Sep, Vadilal Industries Ltd's stock price is rising, currently at Rs 5,770.00, reflecting an increase of Rs 160.5 or 2.86%. The stock has shown strong performance recently, outperforming its sector by 2.85% today and achieving a consecutive gain over the last two days with a total return of 5.97%. Over the past week, the stock has risen by 12.68%, and it has delivered an impressive 44.97% return year-to-date. Additionally, the company has a low debt-to-equity ratio of 0.42, healthy long-term growth with net sales increasing at an annual rate of 25.31%, and a return on capital employed (ROCE) of 22.9, indicating attractive valuation compared to its peers. However, it is worth noting that while the stock has generated a return of 27.99% over the past year, its profits have decreased by 8.2%.
In the broader market context, Vadilal Industries Ltd's recent performance significantly outpaces the benchmark, with the Sensex only gaining 1.24% over the past week and 4.67% year-to-date. The stock's strong returns over various periods, including 114.20% over three years and 615.35% over five years, highlight its market-beating performance. Furthermore, there has been an increase in participation by institutional investors, who have raised their stake by 0.52% in the previous quarter, indicating confidence in the company's fundamentals. Despite a decline in delivery volume, the stock remains liquid enough for trading, suggesting continued interest from investors.