Why is Saraswati Commer falling/rising?

As of 14-Jul, Saraswati Commercial (India) Ltd is experiencing a price increase, currently at Rs 13,789.95, reflecting a rise of 189.95 or 1.4%. Today's performance indicates a trend reversal as the stock has gained after two consecutive days of decline. It reached an intraday high of Rs 13,899.95, marking a 2.21% increase. Over the past week, the stock has outperformed its sector by 1.32% and has shown a significant return of 42.20% over the last year, which is notably higher than the market's return of 0.26%. However, despite this strong performance, the company has faced challenges, including a substantial decline in profits of 48.6% over the past year, and it is trading at a premium compared to its peers.
In the broader market context, the stock's short-term return of 1.16% over the past week contrasts with the benchmark Sensex, which has declined by 1.42%. This indicates that while the stock is rising, the overall market sentiment may be weaker. The company's weak long-term fundamental strength, highlighted by operating losses and a lack of domestic mutual fund investment, suggests caution among investors. The stock's liquidity remains adequate for trading, but the falling investor participation and the significant drop in net sales and profits raise concerns about its sustainability despite recent gains.