Why is Savera Industrie falling/rising?

As of 11-Sep, Savera Industries Ltd is experiencing a price increase, currently at Rs 159.95, reflecting a rise of Rs 3.7 or 2.37%. Today's price summary indicates that the stock outperformed its sector by 2.67%, reaching an intraday high of Rs 160.95. Despite a recent erratic trading pattern, where the stock did not trade on one day out of the last 20, there has been a notable increase in investor participation, with delivery volume rising by 52.04% against the 5-day average. Although the stock has shown a decline of 1.87% over the past week, it has gained 7.28% in the last month. The company’s low debt-to-equity ratio and impressive operating profit growth of 52.92% annually contribute positively to its valuation, making it attractive despite a year-to-date decline of 2.59%.
Broader market context shows that while Savera Industries has underperformed the Sensex over the past year with a return of -7.09% compared to the Sensex's +0.03%, it has significantly outperformed over a three-year period, with a return of +123.71% against the benchmark's +36.38%. This long-term growth, coupled with a strong increase in profits and a favorable PEG ratio of 0.3, suggests that the stock may be undervalued relative to its earnings potential. The overall market sentiment appears to be positive, as indicated by the Sensex's gain of 1.03% over the past week, which may also be contributing to the upward movement in Savera Industries' stock price.