Why is Omega Ag Seeds falling/rising?

As of 21-Jul, Omega Ag Seeds (Punjab) Ltd is experiencing a price increase, currently at 12.49, reflecting a change of 0.15 or 1.22% upward. The stock has shown a performance today that outperformed its sector by 0.69%, indicating a positive shift after two consecutive days of decline. In terms of returns, the stock has gained 2.71% over the past week, while it has seen a significant year-to-date increase of 33.44%. However, it is important to note that the stock has faced challenges, with a 10.01% decline over the past month and a negative EBITDA, which suggests that it is trading at a risky valuation compared to historical averages. Positive results from the last six months, including higher PAT and PBDIT, may have contributed to the recent upward movement, but the overall profit decline over the past year raises concerns.
In the broader market context, the stock's short-term performance of +2.71% over the past week contrasts with the Sensex, which has seen a slight decline of 0.06%. This indicates that Omega Ag Seeds is performing better than the overall market in the short term. Despite the positive short-term trends, the stock's longer-term performance remains mixed, with a flat return over the past year compared to the Sensex's modest gain of 1.98%. The rising investor participation, evidenced by a significant increase in delivery volume, suggests growing interest in the stock, which may help support its price in the near term despite the underlying risks.