Why is Nath Bio-Genes falling/rising?

As of 09-Jul, Nath Bio-Genes (India) Ltd is experiencing a price increase, currently at Rs 235.65, reflecting a rise of 7.25 or 3.17%. The stock has shown strong performance recently, gaining 13.46% over the past week and 22.61% over the last month. It has outperformed its sector by 5.83% today and has been on a consecutive gain streak for the last five days. The stock opened with a gain of 2.45% and reached an intraday high of Rs 236.75. Despite a negative return of -6.99% over the past year, the stock's valuation appears attractive with a low Price to Book Value of 0.7, and it is trading above all key moving averages. However, it has faced challenges, including a decline in profits and negative results over the last three quarters, which may temper investor enthusiasm.
In the broader market context, Nath Bio-Genes has significantly outperformed the Sensex, which has only increased by 0.15% over the past week. While the stock has shown a positive trend in the short term, it has consistently underperformed against the benchmark over the last three years, with a -6.99% return compared to the Sensex's +3.96% over the past year. The agricultural seeds sector has also seen a decline of -2.64%, indicating that while Nath Bio-Genes is rising, the overall sector sentiment may not be as strong. The rising investor participation, evidenced by a 177.37% increase in delivery volume, suggests growing interest despite the company's long-term fundamental weaknesses.