Why is Dalmia Bharat falling/rising?

As of 04-Jul, Dalmia Bharat Sugar & Industries Ltd is experiencing a price increase, currently at 391.30, reflecting a rise of 3.35 or 0.86%. The stock has shown a trend reversal after four consecutive days of decline, with today's performance outperforming its sector by 0.8%. It reached an intraday high of Rs 397, indicating positive momentum. Despite a 10.10% decline over the past month and a 4.43% drop over the past year, the stock has generated a year-to-date return of 7.68%. The company’s strong ability to service debt, evidenced by a low Debt to EBITDA ratio of 1.10 times, along with a very attractive valuation indicated by a Price to Book Value of 1, supports the stock's recent upward movement.
In the broader market context, while Dalmia Bharat has underperformed the Sensex in the short term, with a 1-week return of -6.26% compared to the benchmark's -0.74%, it has shown resilience with a significant rise in investor participation, as evidenced by a 53.25% increase in delivery volume. The stock's liquidity is adequate for trading, further supporting its recent price increase. Although the stock has lagged behind the benchmark over longer periods, its profits have risen by 48.8% over the past year, contributing to a favorable PEG ratio of 0.2, which may attract investors looking for value opportunities.