Why is S Chand & Compan falling/rising?

As of 29-Jul, S Chand & Company Ltd's stock price is currently at Rs 220.80, reflecting an increase of Rs 3.8 or 1.75%. Today, the stock opened with a significant gain of 7.24%, reaching an intraday high of Rs 232.7, indicating strong positive momentum. Despite this, the stock has shown a decline of 6.04% over the past month and a 4.93% drop over the last year. However, it has outperformed its sector by 1.32% today, and there has been a notable increase in delivery volume, suggesting rising investor interest. The company also boasts a high dividend yield of 3.22% and a low debt-to-equity ratio, which enhances its attractiveness to investors. Furthermore, institutional investors have increased their stake, indicating confidence in the company's fundamentals.
In the broader market context, S Chand & Company Ltd has underperformed the benchmark Sensex over the past week and month, with declines of 3.05% and 6.04%, respectively, compared to the Sensex's losses of 1.03% and 3.24%. However, the stock has shown resilience year-to-date, with a return of 4.37%, slightly outperforming the Sensex's 4.09%. The recent volatility and positive operating metrics, such as a high return on capital employed and rising profits, suggest that while the stock has faced short-term challenges, the fundamentals remain strong, which may support future price recovery.