Why is Saven Tech. falling/rising?

As of 18-Sep, Saven Technologies Ltd's stock price is currently at Rs 47.99, reflecting an increase of Rs 1.4 or 3.0%. The stock has outperformed its sector today by 2.3%, reaching an intraday high of Rs 48.5, which is a 4.1% increase. Over the past week, the stock has shown a return of +2.17%, while its performance over the last month is +3.76%. Despite these positive short-term movements, the stock has underperformed over the longer term, with a year-to-date decline of -12.68% and a one-year return of -14.30%. Positive factors contributing to the recent rise include a significant growth in net sales and profits, alongside an attractive valuation indicated by a Price to Book Value of 2.6. However, the stock's long-term fundamental strength is weak, evidenced by a low CAGR growth in operating profits over the last five years.
Broader market context shows that while Saven Technologies Ltd has outperformed the Sensex in the short term, it has significantly lagged behind in the longer term, with a one-year return of -14.30% compared to the Sensex's slight gain of +0.08%. The broader market has also seen a negative return of -1.96% in the last year, indicating that the stock's decline is more pronounced than the overall market trend. This disparity highlights the challenges faced by Saven Technologies Ltd, particularly in maintaining investor participation, as evidenced by a decrease in delivery volume. Overall, while the stock is experiencing a short-term rise, its long-term performance and fundamental weaknesses suggest caution for investors.