Why is Acme Resources falling/rising?

As of 22-Jul, Acme Resources Ltd is experiencing a price increase, with the current price at 41.40, reflecting a change of 0.34 or 0.83% upward. The stock has shown a positive trend recently, gaining 4.52% over the last three days and outperforming its sector by 1.04%. Despite a year-to-date decline of 14.85% and a significant drop of 32.16% over the past year, the stock's profits have risen by 107%, contributing to a PEG ratio of 0.3, which suggests a fair valuation. However, the company faces challenges with operating losses and a weak long-term growth outlook, as evidenced by a negative annual growth rate in net sales and operating profit.
In the broader market context, Acme Resources has underperformed the benchmark, with a one-year return of -32.16% compared to the Sensex's gain of 2.09%. Despite this underperformance, the stock has shown resilience in the short term, with a positive return of 8.60% over the past month, contrasting with the benchmark's slight decline of 0.27%. The rising investor participation, indicated by a 45.76% increase in delivery volume, suggests growing interest in the stock, which may be contributing to its recent price rise. Overall, while the stock is currently gaining, its long-term fundamentals remain a concern.