Why is Sah Polymers falling/rising?

As of 04-Aug, Sah Polymers Ltd is experiencing a price increase, currently trading at Rs 119.70, which reflects a rise of 1.7 (1.44%). The stock is performing well, being only 4.39% away from its 52-week high of Rs 124.95 and outperforming its sector by 0.98% today. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a slight decline of 0.25% over the past month, the stock has shown strong year-to-date returns of 40.64% and a remarkable 42.31% increase over the past year, significantly outperforming the broader market, which has seen negative returns. However, there are concerns regarding weak long-term fundamentals, including a -17.67% CAGR growth in operating profits over the last five years and a low return on equity of 0.57%, which could impact future performance.
In the broader market context, Sah Polymers has outperformed the benchmark Sensex, which has only gained 3.69% year-to-date and has declined by 2.89% over the past month. While the stock's recent performance is commendable, the overall market has generated negative returns of -2.34% in the last year, highlighting the stock's relative strength. However, the decline in investor participation, as evidenced by a 63.33% drop in delivery volume, raises questions about the sustainability of this upward momentum. The company's weak ability to service its debt and low profitability metrics suggest caution for potential investors, despite the stock's recent gains.