Why is Sar Televenture falling/rising?

As of 07-Jul, Sar Televenture Ltd's stock price is currently at 261.20, reflecting an increase of 3.6, or 1.4%. Today's price summary indicates that the stock has outperformed its sector by 0.73%. While the stock is trading higher than its 20-day, 50-day, and 100-day moving averages, it remains below its 5-day and 200-day moving averages. Despite a recent decline in investor participation, with delivery volume falling by 10.39% against the 5-day average, the company shows healthy long-term growth, with net sales increasing at an annual rate of 319.80% and operating profit at 259.00%. However, the stock has generated a return of -7.03% over the past year, despite a significant profit increase of 199%, indicating a disconnect between stock performance and profitability.
In the broader market context, Sar Televenture's recent performance contrasts with the benchmark, as it has underperformed the Sensex over the past week, with a return of -2.56% compared to the benchmark's -0.22%. The stock's consistent underperformance against the benchmark over the last three years, coupled with flat results reported in March 2025, raises concerns among investors. While the stock's valuation appears attractive with a price-to-book value of 1.4 and a return on equity of 5.5, the ongoing underperformance against the BSE500 in each of the last three annual periods suggests that investor sentiment may remain cautious despite the recent price increase.