Why is Sandhar Tech falling/rising?

As of 29-Aug, Sandhar Technologies Limited's stock price is currently at 434.10, reflecting an increase of 9.1 or 2.14%. The stock has shown a trend reversal, gaining after two consecutive days of decline, and it outperformed its sector by 1.61% today. However, despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a longer-term downward trend. Over the past year, the stock has underperformed significantly with a return of -28.25%, despite an increase in profits by 18.2%. The company's attractive valuation, with a PEG ratio of 1 and a healthy long-term growth rate in operating profit, contrasts with its recent negative performance metrics, including a high debt-equity ratio and low operating profit to interest ratio.
In the broader market context, while Sandhar Technologies has seen a short-term gain, it has underperformed the benchmark Sensex, which has shown a decline of -1.84% over the past week and -1.88% over the past month. The stock's year-to-date performance is notably worse than the market, with a decline of -14.98% compared to the Sensex's increase of +2.14%. This suggests that while there may be some positive factors at play for Sandhar Technologies, such as its long-term growth potential and attractive valuation, the overall market sentiment and the company's recent financial struggles are contributing to its volatility and recent price movements.