Why is Saraswati Commer falling/rising?

As of 01-Jul, Saraswati Commercial (India) Ltd's stock price is currently at Rs 15,079.00, reflecting an increase of Rs 354.0, or 2.4%. The stock has shown a trend reversal, gaining after two consecutive days of decline, and it outperformed its sector by 2.54% today. Over the past week, the stock has increased by 2.16%, while its one-month performance is slightly lower at 1.61%. Despite a significant annual return of 90.93%, the company has faced challenges, including a 48.6% drop in profits over the past year. The recent increase in promoter confidence, with a 1.67% rise in their stake, suggests a positive outlook for the company's future, although the stock is trading at a premium compared to its peers.
In the broader market context, the stock's short-term performance has outpaced the Sensex, which has risen by 2.00% over the same week. However, the year-to-date performance shows a stark contrast, with Saraswati Commercial down 23.09% compared to the Sensex's gain of 7.11%. The stock's liquidity remains adequate for trading, but there has been a decline in investor participation, as evidenced by a 16.11% drop in delivery volume. This combination of factors indicates that while the stock is experiencing a short-term rise, underlying operational losses and declining sales may pose challenges to its long-term stability.