Why is Rajasthan Gases falling/rising?

As of 28-Aug, Rajasthan Gases Ltd's stock price is currently at Rs 39.46, reflecting an increase of Rs 2.41 or 6.5%. Today's price movement indicates a trend reversal as the stock has gained after four consecutive days of decline. It opened with a gain of 2.35% and reached an intraday high of Rs 39.8, outperforming its sector by 6.56%. Despite a year-to-date decline of 38.99%, the company has shown significant growth in net profit and sales, with a remarkable net profit increase of 1332.84% and a substantial rise in net sales over the last six months. However, the stock's valuation appears expensive with a price-to-book value of 8.4, and it has underperformed in the long term, generating a return of -9.72% over the past year. In the broader market context, Rajasthan Gases Ltd's short-term performance has been relatively better than the benchmark, as it has outperformed the Sensex by 2.34% over the past week, while the benchmark has declined by 2.34%. Despite this recent uptick, the stock's long-term performance remains concerning, with negative returns over the past year and underperformance against the BSE500 in various time frames. The liquidity of the stock is adequate for trading, with a notable increase in delivery volume, indicating rising investor participation, which may contribute to the recent price increase.