Why is POCL Enterprises falling/rising?

As of 04-Sep, POCL Enterprises Ltd is experiencing a price increase, currently at Rs 236.70, which reflects a rise of Rs 6.7 or 2.91%. Today's performance indicates a positive trend reversal, as the stock has gained after four consecutive days of decline. It opened with a gap up of 4.26% and reached an intraday high of Rs 240. The stock has outperformed its sector by 4.5%, and there has been a notable increase in investor participation, with delivery volume rising by 64.44% compared to the five-day average. Over the past year, the stock has generated a return of 48.70%, while profits have increased by 75.1%, indicating strong underlying financial health.
In the broader market context, the stock's short-term performance has been less favorable compared to the benchmark, as it has declined by 1.25% over the past week, while the Sensex has gained 0.80%. However, POCL Enterprises has shown significant long-term growth, with a remarkable 948.27% increase over the past three years. The company's healthy financial metrics, such as a 36.97% annual growth rate in net sales and an operating profit growth of 122.23%, contribute to its fair valuation and attractiveness despite recent volatility. Overall, the stock's recent upward movement can be attributed to positive investor sentiment and strong financial results, despite some short-term challenges relative to the broader market.