Why is Basant Agro Tech falling/rising?

As of 13-Jun, Basant Agro Tech (India) Ltd is experiencing a price increase, currently at Rs 16.70, which reflects a rise of Rs 1.07 or 6.85%. The stock has shown strong performance recently, gaining 19.29% over the last three days and outperforming its sector by 7.69% today. It reached an intraday high of Rs 17.3, although it also saw a low of Rs 15.02 during the trading session. The stock's recent upward movement is supported by a significant increase in delivery volume, which rose by 690.37% against the five-day average, indicating rising investor participation. Despite a year-to-date decline of 8.19% and a one-year return of -19.44%, the stock is trading at a discount compared to its peers, which may attract investors looking for value.
In the broader market context, Basant Agro Tech's short-term performance has been notably better than the benchmark, with a one-week return of +19.97% compared to the Sensex's -1.30%. This stark contrast highlights the stock's recent resilience amidst a generally declining market. However, it is important to note that the company faces challenges, including weak long-term fundamental strength and a high Debt to EBITDA ratio, which could impact its future performance. Despite these concerns, the stock's attractive valuation and recent positive returns may be contributing to its current upward price movement.