Why is Sai Silks falling/rising?

As of 30-Jun, Sai Silks (Kalamandir) Ltd is experiencing a price increase, currently at Rs 152.60, reflecting a rise of Rs 10.8 or 7.62%. The stock has outperformed its sector by 6.46% today, reaching an intraday high of Rs 153.6. Over the past week, the stock has shown a significant return of +13.75%, and +19.64% over the past month, indicating strong short-term performance despite a year-to-date decline of -9.97%. The company benefits from a low debt-to-equity ratio of 0.08 and a healthy long-term growth rate in operating profit of 48.25%. However, it has faced challenges with a -15% decline in profits over the past year, contributing to an overall return of -18.37%.
In the broader market context, the Sensex has increased by 2.09% over the past week and 2.65% over the past month, suggesting that while Sai Silks is outperforming the benchmark in the short term, it has underperformed year-to-date compared to the index, which has risen by 7%. The stock's liquidity is adequate for trading, and rising investor participation, as evidenced by a 20.21% increase in delivery volume, indicates growing interest. Despite the stock trading at a discount relative to its peers, the overall negative sentiment from its annual performance may still weigh on investor confidence in the long term.