Why is Saraswati Commer falling/rising?

As of 03-Jul, Saraswati Commercial (India) Ltd is experiencing a price increase, currently at Rs 14,570.00, reflecting a rise of Rs 219.0 or 1.53%. Today's performance indicates that the stock has outperformed its sector by 2.05%, reaching an intraday high of Rs 14,777, which is a 2.97% increase. Despite this positive movement, the stock has shown a decline of 6.03% over the past week and a significant year-to-date drop of 25.68%. The company has a return on equity (ROE) of 5.5 and is trading at a premium compared to its peers, although its profits have decreased by 48.6%. Notably, promoter confidence has increased, with a 1.67% rise in their stake, suggesting optimism about the company's future.
In the broader market context, while the stock has outperformed the BSE500 over the long term, it has underperformed in the short term, with a 1-month return of 2.23% compared to the benchmark's 3.10%. The stock's liquidity remains adequate for trading, but there has been a significant decline in investor participation, with delivery volume dropping by 64.37% against the 5-day average. This combination of factors, including the recent price increase and the long-term performance, contrasts with the company's weak fundamentals and operating losses, which may lead to cautious sentiment among investors.