Why is Sai Silks falling/rising?

As of 09-Jun, Sai Silks (Kalamandir) Ltd is experiencing a price increase, currently at Rs 144.40, reflecting a rise of 9.05 or 6.69%. The stock has outperformed its sector today by 7.03%, reaching an intraday high of Rs 144.40. Over the past week, the stock has shown a return of +9.06%, and for the past month, it has increased by +26.83%. However, it is important to note that the stock has a year-to-date decline of -14.81% and a one-year decline of -19.33%. Despite these longer-term challenges, the company maintains a low debt-to-equity ratio of 0.08 times and has demonstrated healthy long-term growth with an annual operating profit increase of 48.25%. The stock is trading at a discount compared to its peers, which may attract investors looking for value.
In the broader market context, the Sensex has increased by +1.32% over the past week and +3.76% over the past month, indicating that while Sai Silks is outperforming the benchmark in the short term, it has underperformed significantly on a year-to-date basis, where the Sensex has gained +5.51%. The recent rise in Sai Silks' stock price may be influenced by its attractive valuation metrics, including a return on equity of 7.5 and a price-to-book value of 2. However, the stock's liquidity has been affected by a significant drop in delivery volume, which fell by -62.74% compared to the five-day average, suggesting a potential concern regarding investor participation moving forward.