Why is Naga Dhunseri falling/rising?

As of 24-Sep, Naga Dhunseri Group Ltd is experiencing a price increase, currently at 3,796.20, reflecting a change of 52.0 (1.39%) upward. Despite this positive movement today, the stock has shown a decline of 1.52% over the past week and 8.51% over the past month, indicating a challenging short-term performance. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which suggests a bearish trend. However, there has been a notable increase in investor participation, with delivery volume rising by 92.81% against the 5-day average, which may indicate growing interest despite the overall downward trajectory. The company reported very positive results with a significant net sales growth of 1245.44%, which, along with a fair valuation compared to peers, contributes to the stock's recent uptick.
In the broader market context, the stock's performance has lagged behind the Sensex, which has seen a slight increase of 0.75% over the past month. This underperformance is evident as Naga Dhunseri's year-to-date return stands at -12.46%, contrasting sharply with the Sensex's positive return of 5.97%. While the stock has generated a return of -1.81% over the past year, its profits have increased by 4.8%, suggesting that the market may not fully reflect the company's underlying growth potential. However, concerns regarding weak long-term fundamental strength, highlighted by an average Return on Equity (ROE) of 7.90%, may continue to weigh on investor sentiment, despite today's positive price movement.