Why is Haldyn Glass falling/rising?

As of 11-Jul, Haldyn Glass Ltd's stock price is rising, currently at 128.75, reflecting an increase of 8.1 or 6.71%. The stock has shown strong performance recently, gaining 20.21% over the last two days and outperforming its sector by 2.46% today. It reached an intraday high of Rs 134.75, indicating significant volatility with an intraday fluctuation of 5.52%. Over the past week, the stock has surged by 17.96%, while its one-month return stands at 21.46%. Despite a year-to-date decline of 11.91%, the company demonstrates a strong ability to service debt with a low Debt to EBITDA ratio of 1.12 times, and it is trading at a discount compared to its peers, which may attract investors.
In the broader market context, Haldyn Glass's recent gains contrast sharply with the Sensex, which has seen a slight decline of 1.12% over the past week. The glass sector overall has gained by 4.25%, suggesting a favorable environment for the industry. However, the company faces challenges with long-term growth, as evidenced by a 32.32% decline in PAT over the latest six months and a significant drop in net sales. Additionally, the lack of investment from domestic mutual funds may indicate a lack of confidence in the stock's future performance despite its current upward movement.