Why is Saraswati Commer falling/rising?

As of 26-Jun, Saraswati Commercial (India) Ltd is currently priced at 15,504.60, reflecting a slight increase of 7.15 (0.05%). The stock has been on a positive trajectory, gaining for the last nine days and achieving a remarkable 27.87% return during this period. Despite this recent surge, the stock has underperformed its sector by 1.28% today. Over the past week, it has outperformed the benchmark Sensex, with a return of 18.13% compared to the Sensex's 2.94%. However, the stock's year-to-date performance shows a decline of 20.92%, indicating underlying challenges. Positive factors contributing to the stock's rise include increased promoter confidence, with a 1.67% increase in their stake, signaling optimism about the company's future. Conversely, the company faces significant operational losses and declining sales, which raises concerns about its long-term fundamental strength.
Broader Market Context: In the short term, Saraswati Commercial's performance has been impressive, significantly outpacing the Sensex over the past week. However, the broader market context reveals that while the stock has shown strong returns in the last year and over longer periods, it has also experienced substantial declines in profitability, with a 48.6% drop in profits despite a 105.73% return over the same timeframe. This juxtaposition of strong historical returns against current operational challenges suggests that while investor sentiment may be buoyed by recent gains and promoter confidence, the underlying financial health of the company remains a critical concern that could impact future performance.