Why is Deep Industries falling/rising?

As of 08-Jul, Deep Industries Ltd is experiencing a price increase, currently at 445.00, reflecting a rise of 5.3 or 1.21%. Today's performance indicates that the stock has outperformed its sector by 1.2% and has gained after two consecutive days of decline. While the stock is currently trading above its 20-day and 50-day moving averages, it remains below its 5-day, 100-day, and 200-day moving averages. Over the past week, the stock has shown no change, but it has increased by 5.89% over the past month and has generated a significant return of 45.38% over the past year. The company has demonstrated healthy long-term growth, with net sales growing at an annual rate of 31.33% and operating profit increasing by 130.54%. However, despite positive results over the last four quarters, the stock's valuation appears expensive, with a price-to-book value of 1.6, and domestic mutual funds hold no stake in the company, which may indicate a lack of confidence at current price levels.
In the broader market context, the stock's performance over the past week is slightly below the benchmark Sensex, which has increased by 0.02%. However, over the past month, Deep Industries has outperformed the Sensex, which has only risen by 1.85%. The stock's year-to-date performance shows a decline of 18.86%, contrasting sharply with the Sensex's gain of 7.13%. This disparity highlights the stock's volatility and the potential concerns investors may have regarding its valuation and market position, despite its strong historical returns and growth metrics.