Why is Halder Venture falling/rising?

As of 10-Jun, Halder Venture Ltd's stock price is currently at 638.00, reflecting an increase of 34.0 points or 5.63%. The stock has shown strong performance today, outperforming its sector by 6.69% and achieving a consecutive gain over the last three days with an overall return of 8.78%. It reached an intraday high of Rs 665, indicating significant upward momentum, although it also experienced a wide trading range with a low of Rs 580. The stock's recent positive movement is supported by rising investor participation, as evidenced by a 47.38% increase in delivery volume compared to the five-day average. Additionally, the company's attractive valuation, with a return on capital employed (ROCE) of 8.6 and a PEG ratio of 0.1, suggests that it is trading at a discount relative to its peers, which may be contributing to investor confidence. Furthermore, the promoters have increased their stake by 8.16%, signaling strong confidence in the company's future.
In the broader market context, Halder Venture's short-term performance has outpaced the benchmark Sensex, which has risen by 2.05% over the past week compared to the stock's 2.91% increase. However, it is important to note that the stock has a year-to-date decline of 8.92%, while the Sensex has gained 5.44% during the same period. This indicates that despite the recent positive momentum, the stock has faced challenges earlier in the year. The company's high debt-to-equity ratio of 2.46 and the recent negative quarterly results, including a significant drop in profit after three consecutive positive quarters, present potential risks that could affect future performance. Overall, while the stock is currently rising, it is navigating through a complex landscape of both positive developments and underlying challenges.