Why is Ginni Filaments falling/rising?

As of 16-Sep, Ginni Filaments Ltd's stock price is currently at Rs 45.45, reflecting an increase of Rs 1.64 or 3.74%. The stock has shown a positive performance today, outperforming its sector by 2.29% and has been on a consecutive gain for the last two days, accumulating an 8.37% return during this period. It opened with a gain of 2.62% and reached an intraday high of Rs 45.95, indicating strong buying interest. Despite this recent uptick, the stock has experienced a decline of 14.52% over the past month, although it has generated a substantial return of 45.16% over the past year, significantly outperforming the broader market, which has seen negative returns. The company's profits have also risen impressively, with a 246.4% increase in PAT and a 470.12% growth in PBT, contributing to a favorable PEG ratio of 0.1, suggesting that the stock is undervalued compared to its peers.
In the broader market context, while Ginni Filaments has outperformed the BSE500 index, which has generated negative returns of -2.93% over the past year, the stock's recent performance contrasts with its long-term fundamentals, which show a -2.64% CAGR growth in operating profits over the last five years. Additionally, the company has a high Debt to EBITDA ratio of 4.31 times, indicating potential challenges in servicing its debt, which may affect investor sentiment. Despite the recent gains, the falling investor participation, as evidenced by a 67.29% drop in delivery volume, raises concerns about the stock's sustainability in the short term.