Why is Panch.Organics falling/rising?

As of 04-Aug, Panchsheel Organics Ltd is experiencing a rise in its stock price, currently at Rs 177.50, reflecting an increase of Rs 3.0 or 1.72%. The stock has shown strong performance today, outperforming its sector by 1.38% and opening with a gain of 2.52%. It reached an intraday high of Rs 180, although it also touched a low of Rs 168.2 during the day. Over the past week, the stock has risen by 7.90%, and over the past month, it has increased by 18.49%. Despite a significant decline of 34.21% over the past year, the company's low debt-to-equity ratio and attractive valuation with a price-to-book value of 1.8 suggest that it is trading at a discount compared to its peers, which may be contributing to the recent upward movement.
In the broader market context, the stock's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 0.16% over the past week. However, the stock has underperformed over the longer term, with a year-to-date return of -14.85% compared to the Sensex's gain of 3.69%. The decline in institutional investor participation, with a decrease of 0.98% in their stake, raises concerns about long-term growth potential, especially given the flat results reported in March and a negative return of -34.21% over the past year compared to the broader market's decline. This combination of factors indicates that while the stock is currently rising, there are underlying challenges that could affect its future performance.