Why is Saraswati Commer falling/rising?

As of 03-Sep, Saraswati Commercial (India) Ltd is experiencing a price increase, currently at Rs 13,442.00, reflecting a rise of 241.95 or 1.83%. The stock has shown a positive trend recently, gaining for two consecutive days with a total return of 2.45% in this period. It opened with a significant gain of 4.51% today and reached an intraday high of Rs 13,795.55. However, despite this short-term performance, the stock has underperformed over the past week and year, with returns of -3.92% and -13.64%, respectively. The company has a low return on equity (ROE) of 5.5 and has faced a substantial decline in profits, with net sales and profit after tax both down by 94.67% over the last six months. This weak fundamental strength and the lack of domestic mutual fund investment may indicate investor caution regarding the stock's valuation.
In the broader market context, while the Sensex has shown a slight decline of -0.27% over the past week, Saraswati Commercial has outperformed this benchmark, suggesting some investor interest despite its overall negative performance year-to-date, where it has dropped by -31.44% compared to the Sensex's gain of +3.11%. The stock's recent rise could be attributed to increased investor participation, as indicated by a significant rise in delivery volume, which has increased by 178.07% against the five-day average. However, the stock's trading below its moving averages and the overall weak long-term fundamentals may temper enthusiasm among investors.