Why is Saraswati Commer falling/rising?

As of 08-Jul, Saraswati Commercial (India) Ltd is experiencing a price increase, currently at Rs 13,845.00, reflecting a rise of 212.65 or 1.56%. Today's performance indicates a trend reversal as the stock has gained after two consecutive days of decline. It opened with a gap up of 2.7% and reached an intraday high of Rs 14,000. Despite touching a low of Rs 13,200 during the day, the stock has shown a significant increase in delivery volume, rising by 196.51% against the 5-day average. Over the past year, the stock has generated a return of 38.29%, outperforming the broader market, which has seen a return of only 1.98%. However, it is important to note that the company has faced operating losses and a significant decline in profits, which could impact investor sentiment.
In the broader market context, while the stock has outperformed the benchmark in the long term, its recent short-term performance has been less favorable, with a 1-week return of -8.18% compared to the Sensex's slight increase of 0.02%. The stock's current valuation is at a premium compared to its peers, and while promoter confidence has increased with a 1.67% rise in their stake, the company’s weak long-term fundamentals and recent negative financial results may create caution among investors. The mixed signals from the stock's performance and the company's financial health suggest that while there is some positive momentum, underlying challenges remain.