Why is Garg Furnace falling/rising?

As of 14-Jul, Garg Furnace Ltd's stock price is currently at 188.05, reflecting a decrease of 0.8, or 0.42%. The stock has shown a strong performance over the past week with a return of 16.04%, while it has underperformed the sector today by 0.39%. Despite this recent uptick, the stock has significantly underperformed over the past year, with a return of -36.59%. The company has demonstrated a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 1.11 times, and has reported positive quarterly results, including the highest net sales and profits in its recent quarter. However, the stock is trading at a premium compared to its peers, and its PEG ratio of 6.7 suggests that while profits have increased, the stock's valuation may be stretched.
In the broader market context, the Sensex has generated a return of 1.40% over the past month, contrasting with Garg Furnace's 5.65% gain in the same period, indicating that the stock has outperformed the benchmark recently. However, over the longer term, Garg Furnace has underperformed the market significantly, with a year-to-date return of -30.48% compared to the Sensex's 5.27%. This underperformance, coupled with the stock's negative returns over the past year, suggests that while there may be short-term gains, investor sentiment remains cautious due to the stock's overall poor performance relative to the market.