Why is Sanrhea Tech. falling/rising?

As of 17-Sep, Sanrhea Technical Textile Ltd's stock price is currently at Rs 140.70, reflecting an increase of Rs 8.0 or 6.03%. Today, the stock has outperformed its sector by 5.02% and has shown a trend reversal after two consecutive days of decline. It reached an intraday high of Rs 157, marking an 18.31% increase. Despite this positive movement, the stock has experienced high volatility today, with an intraday volatility of 8.28%. Over the past week, the stock has gained 16.67%, while its performance over the last month shows a 13.83% increase. However, it has underperformed in the long term, with a year-to-date decline of 21.40% and a one-year return of -10.27%. Positive factors contributing to the stock's rise include high management efficiency, strong debt servicing ability, and rising promoter confidence, as promoters have increased their stake by 3.46%.
Broader market context indicates that while Sanrhea Technical Textile Ltd has shown significant short-term gains, the benchmark Sensex has only increased by 1.56% over the past week. This suggests that the stock's recent performance is notably stronger than the broader market. However, the stock's long-term performance remains concerning, as it has underperformed the BSE500 over various periods, including the last three years and one year. The company's flat results in net sales and declining profits over the past year further highlight the challenges it faces, despite the recent uptick in stock price.