Why is Olympia Industri falling/rising?

As of 25-Jun, Olympia Industries Ltd is experiencing a price increase, currently at Rs 39.68, reflecting a rise of 1.29 or 3.36%. The stock has shown positive momentum, gaining for the last two days with a total return of 7.16% during this period. It outperformed its sector by 2.13% today and reached an intraday high of Rs 39.96. Despite this recent uptick, the stock's performance over the past year has been concerning, with a decline of 27.01%. However, the company has shown a significant profit increase of 51% over the same period, leading to a favorable PEG ratio of 0.3 and a very attractive valuation based on its ROCE of 5.8. Nonetheless, the stock's long-term fundamentals are weak, indicated by a high Debt to EBITDA ratio of 7.98 times.
In the broader market context, Olympia Industries' short-term performance has been relatively weak compared to the Sensex, which has gained 1.61% over the past week while Olympia's return was only 0.05%. The stock's year-to-date performance is notably poor, with a decline of 16.55%, contrasting sharply with the Sensex's gain of 5.91%. This underperformance in the long term, coupled with a decrease in investor participation as evidenced by a 44.99% drop in delivery volume, suggests that while there may be short-term gains, the overall market sentiment towards Olympia Industries remains cautious.