Why is Sah Polymers falling/rising?

As of 25-Jul, Sah Polymers Ltd's stock price is currently at Rs 120.00, reflecting an increase of Rs 3.0 or 2.56%. The stock has shown a positive trend today, having outperformed its sector by 4.12% and is trading above all key moving averages. It is also close to its 52-week high, just 4.13% away from Rs 124.95. Over the past week, the stock has gained 0.50%, and in the last month, it has risen by 2.30%. Despite the company's weak long-term fundamentals, including a significant decline in operating profits and low return on equity, the stock has managed to generate a remarkable 42.26% return over the past year, indicating strong market performance relative to the broader market, which has seen negative returns.
In the broader market context, Sah Polymers' recent performance contrasts sharply with the benchmark Sensex, which has declined by 0.36% over the past week and 1.56% over the past month. The company’s ability to outperform the market despite its underlying financial challenges suggests that investor sentiment may be driven by short-term trading dynamics or speculative interest rather than long-term fundamentals. The rising investor participation, evidenced by a 20.69% increase in delivery volume, further supports the notion that market players are currently optimistic about the stock's potential, even as concerns about its long-term profitability persist.