Why is Olympia Industri falling/rising?

As of 04-Jul, Olympia Industries Ltd is experiencing a price increase, currently at Rs 40.50, reflecting a rise of Rs 1.45 or 3.71%. Today, the stock has shown a significant performance improvement, outperforming its sector by 11.42% and reversing a trend after four consecutive days of decline. It opened with a notable gain of 17.54% and reached an intraday high of Rs 45.9. Despite this positive movement, the stock has a year-to-date return of -14.83% and a one-year return of -43.70%, indicating long-term struggles. The company has a very attractive valuation with a ROCE of 5.8 and a PEG ratio of 0.3, suggesting that while profits have risen by 51%, the stock's price has not reflected this growth adequately.
In the broader market context, the stock's short-term return of +1.25% over the past week contrasts with the Sensex, which has declined by 0.74%. This indicates that Olympia Industries is gaining traction relative to the market. However, the overall trading environment appears challenging, with a -7.8% decline in sector trading and a significant drop in investor participation, as evidenced by a 57.85% decrease in delivery volume. The company's high Debt to EBITDA ratio of 7.98 times raises concerns about its long-term fundamental strength, which may affect investor sentiment despite the recent price increase.