Why is Prime Fresh falling/rising?

As of 18-Aug, Prime Fresh Ltd's stock price is currently at Rs 166.70, reflecting an increase of Rs 17.5 or 11.73%. Today's price summary indicates that the stock has outperformed its sector by 13.45%, reaching an intraday high of Rs 170.8, which is a 14.48% increase, while it also experienced a low of Rs 145, marking a decrease of 2.82%. The stock has shown high volatility today with an intraday volatility of 8.17%. Over the past week, the stock has returned +4.22%, although it has underperformed over the last month and year-to-date, with returns of -1.39% and -27.52%, respectively. Positive factors contributing to the stock's rise include a strong ability to service debt, as evidenced by a low Debt to EBITDA ratio of 0.45 times, and healthy long-term growth with net sales increasing at an annual rate of 32.90%. Additionally, there has been an increase in institutional investor participation, which may bolster confidence in the stock.
In the broader market context, while Prime Fresh Ltd has shown a positive return of +4.22% over the past week, the benchmark Sensex has only returned +0.83% in the same period, indicating a stronger performance relative to the market. However, the stock has significantly underperformed over the past year, with a return of -24.23% compared to the Sensex's +1.04%. This disparity highlights the challenges the company faces despite recent positive movements. The stock's expensive valuation, indicated by a Price to Book Value of 3.7 and a PEG ratio of 0.8, along with flat results reported in June, may also contribute to investor caution, despite the recent uptick in price.