Why is S V Global Mill falling/rising?

As of 23-Jun, S V Global Mill Ltd's stock price is currently at 158.05, reflecting an increase of 1.1 (0.7%). The stock has shown a positive trend recently, gaining for the last three days with a total return of 6.15% during this period. It opened with a significant gain of 3.79% today and reached an intraday high of Rs 162.9. However, it also experienced a low of Rs 149.2, indicating some volatility. Despite the recent gains, the stock has underperformed over the past month with a decline of 3.57%, although it has delivered a strong year-to-date return of 10.76% and an impressive 64.64% over the past year. The company's majority shareholders are promoters, and while it has consistently outperformed the BSE 500 over the last three years, it faces challenges such as operating losses and weak long-term fundamental strength, which may impact investor sentiment.
In the broader market context, S V Global Mill's short-term performance has outpaced the benchmark Sensex, which has only increased by 0.12% over the past week. This suggests that while the stock is currently gaining, it is doing so against a backdrop of broader market stability. However, the stock's valuation appears expensive compared to its peers, with a Price to Book Value of 4.4, and its profitability is low, as indicated by a Return on Equity of just 1.04%. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 98.12% against the five-day average. These factors may contribute to a cautious outlook despite the recent price increase.