Why is Sai Silks falling/rising?

As of 01-Jul, Sai Silks (Kalamandir) Ltd is currently priced at 153.25, reflecting an increase of 0.65, or 0.43%. The stock has shown a positive trend recently, gaining 8.07% over the last two days, although it underperformed its sector by 1.26% today. In terms of returns, the stock has outperformed the benchmark Sensex over the past week and month, with increases of 13.18% and 20.15%, respectively. Despite this recent uptick, the stock has a year-to-date decline of 9.59% and a one-year decline of 20.92%. The company benefits from a low debt-to-equity ratio and a healthy long-term growth rate in operating profit, which has grown at an annual rate of 48.25%. However, the stock's profits have fallen by 15% over the past year, contributing to its negative return, even as it trades at a discount compared to its peers.
Broader Market Context: In the short term, Sai Silks has significantly outperformed the Sensex, which has only increased by 2.00% over the past week and 2.76% over the past month. This indicates that while the stock is experiencing a rise, it is doing so against a backdrop of a generally stable market. The rising investor participation, as evidenced by a 284.26% increase in delivery volume, suggests growing interest in the stock, which may be contributing to its recent price movement. Despite the positive short-term performance, the stock's long-term challenges, including its substantial decline over the past year, highlight the need for cautious optimism among investors.