Why is PG Electroplast falling/rising?

As of 19-Sep, PG Electroplast Ltd is experiencing a price increase, with its current price at 573.50, reflecting a rise of 6.15 (1.08%). The stock has shown a trend reversal, gaining after three consecutive days of decline. It has outperformed its sector by 1.73% today, although it is trading below its 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 0.92%, while its one-month return stands at 6.08%. However, it has faced challenges, including a significant drop in delivery volume, which fell by 61.14% against the five-day average. Despite healthy long-term growth in net sales and operating profit, the stock's year-to-date performance is down 41.69%, indicating underlying issues.
Broader market context shows that while PG Electroplast has outperformed the Sensex in the short term, its year-to-date performance is significantly lagging behind the benchmark, which has gained 5.74%. The company's declining promoter confidence, with a 5.65% reduction in stake, raises concerns about future prospects. Additionally, despite a rise in profits, the stock's negative return over the past year and high valuation metrics, such as a Price to Book Value of 5.8, suggest that investors may be cautious. Overall, while the stock is currently rising, the broader context indicates potential vulnerabilities that could affect its future performance.