Why is Centenial Surgic falling/rising?

As of 11-Jul, Centenial Surgical Suture Ltd's stock price is currently at Rs 158.00, reflecting an increase of Rs 3.45 or 2.23%. The stock has been on an upward trend, gaining for the last four consecutive days and achieving a total return of 7.63% during this period. It has outperformed its sector by 3.23% today and has consistently traded above its moving averages across various time frames. Despite these positive indicators, the stock's delivery volume has significantly decreased by 82.85% compared to the 5-day average, which may raise concerns about investor participation. Additionally, while the stock has generated a return of 24.90% over the past year, it has faced a substantial decline in profits of 255.3%, indicating that while the stock is performing well in terms of price, underlying profitability issues persist.
In the broader market context, Centenial Surgical Suture Ltd has outperformed the Sensex, which has seen a decline of 1.12% over the past week, while the stock itself has increased by 5.47%. This trend of outperformance is consistent, as the stock has also surpassed the benchmark in returns over the past month and year. The stock's strong performance relative to the market, combined with its attractive valuation metrics, suggests that investors may still find it appealing despite the recent drop in profits and declining delivery volumes. Overall, the stock's rising price can be attributed to its strong historical performance and current upward momentum, even as it navigates challenges related to profitability and investor engagement.