Why is Vesuvius India falling/rising?

As of 25-Jun, Vesuvius India Ltd's stock price is currently at Rs 566.75, reflecting an increase of Rs 8.75 or 1.57%. The stock has shown strong performance recently, with a 3.80% increase over the past week and a 5.62% increase over the past month. Today's trading saw the stock reach an intraday high of Rs 574, indicating positive momentum. However, there has been a notable decline in investor participation, with delivery volume falling by 54.48% compared to the 5-day average. Despite this, the company maintains a low debt-to-equity ratio and has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 27.21%. Additionally, institutional holdings have risen by 3.21% over the previous quarter, suggesting confidence from larger investors.
In the broader market context, Vesuvius India has outperformed the benchmark Sensex, which has only increased by 1.61% over the past week, while Vesuvius has gained 3.80%. This trend of outperformance is consistent, as the stock has generated a 24.02% return year-to-date compared to the Sensex's 5.91%. The stock's consistent returns over the last three years, along with its ability to outperform the BSE 500 in each of the last three annual periods, further solidify its positive outlook in the market.