Why is Loyal Equipments falling/rising?

As of 15-Sep, Loyal Equipments Ltd is experiencing a price increase, currently trading at 221.00, reflecting a rise of 6.0 or 2.79%. The stock has shown strong performance today, outperforming its sector by 2.75% and achieving a consecutive gain over the last four days, with an overall increase of 8.92% during this period. It opened with a gain of 4.63% and reached an intraday high of Rs 226. However, the stock's performance over the past month shows a decline of 2.64%, and it has underperformed significantly year-to-date with a drop of 19.64%. While the company boasts a high management efficiency with a return on capital employed (ROCE) of 17.02% and a low debt-to-equity ratio of 0.41, it faces challenges such as poor long-term growth, with net sales growing at only 14.52% annually over the last five years and a high price-to-book value ratio of 4.7, indicating an expensive valuation relative to its peers. In the broader market context, the stock's short-term return of 3.27% over the past week is notably higher than the Sensex's return of 1.24% during the same period, suggesting that it is gaining traction compared to the overall market. However, the stock has underperformed the market over the last year, with a return of -24.62% compared to the Sensex's decline of only -1.33%. This indicates that while the stock is currently rising, it has significant ground to cover to align with broader market performance, especially given its substantial losses over the past year.