Why is Panch.Organics falling/rising?

As of 30-Jul, Panchsheel Organics Ltd is experiencing a price increase, currently at Rs 176.70, reflecting a rise of Rs 16.25 or 10.13%. The stock has shown strong performance today, outperforming its sector by 9.79% and opening with a gain of 2.84%. It reached an intraday high of Rs 180, marking a 12.18% increase. Over the past week, the stock has surged by 23.01%, while it has also gained 16.25% over the past month. However, despite these short-term gains, the stock has underperformed over the longer term, with a year-to-date return of -15.23% and a one-year return of -36.23%. The company has a low debt-to-equity ratio of 0.07 and an attractive valuation with a return on equity of 10.5%, but its profits have declined slightly by 0.4% over the past year.
In the broader market context, while Panchsheel Organics has shown significant short-term gains, the benchmark Sensex has declined by 1.50% over the past week and 2.54% over the past month, indicating that the stock's rise is occurring against a backdrop of broader market weakness. However, the stock's long-term performance remains concerning, as it has significantly underperformed the market over the past year, with a drop of -36.23% compared to the Sensex's minimal change of +0.03%. Additionally, there has been a decrease in institutional investor participation, which may impact future performance, as these investors typically have better resources for analyzing company fundamentals.