Why is Hisar Spg. Mills falling/rising?

As of 26-Sep, Hisar Spinning Mills Ltd is experiencing a price increase, with its current price at Rs 63.62, reflecting a rise of 2.99 or 4.93%. The stock has shown strong performance recently, gaining 15.67% over the last three days and outperforming its sector by 6.82% today. It opened with a gain of 5% and reached an intraday high of Rs 63.66. Additionally, the stock is trading above its moving averages across various time frames, indicating positive momentum. Despite a year-to-date decline of 5.04%, the company has seen a significant profit increase of 65.8% over the past year, contributing to its attractive valuation with a Price to Book Value of 0.9. However, there are concerns regarding weak long-term fundamental strength, as indicated by a 12.68% CAGR growth in operating profits over the last five years.
In the broader market context, Hisar Spinning Mills has outperformed the benchmark Sensex, which has declined by 2.66% over the past week while the stock has surged by 20.04%. This stark contrast highlights the stock's strong short-term performance relative to the market. However, the stock's delivery volume has decreased by 35.48% against the five-day average, suggesting a potential decline in investor participation. Overall, while the stock is currently rising due to positive short-term performance and attractive valuations, the long-term growth concerns and reduced trading volume may pose challenges ahead.