Why is SBC Exports falling/rising?

As of 30-Jul, SBC Exports Ltd is experiencing a price increase, with its current price at 17.95, reflecting a change of 0.52 or 2.98% upward. The stock has shown strong performance recently, outperforming its sector by 2.99% today and gaining 4.18% over the last two days. Over the past week, SBC Exports has risen by 5.59%, while its one-month return stands at an impressive 22.36%. The company also demonstrates a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 0.88 times, and has reported healthy long-term growth with an annual operating profit increase of 49.22%. However, the stock faces challenges, including a high valuation indicated by a ROCE of 19.9 and a PEG ratio of 1.1, alongside a significant portion of promoter shares being pledged, which could exert downward pressure in a falling market.
In the broader market context, SBC Exports has significantly outperformed the Sensex, which has declined by 1.50% over the past week and 2.54% over the past month. While the stock has generated a negative return of -7.18% over the past year, its profits have increased by 41.3%, indicating a disconnect between stock performance and profitability. The rising investor participation, with a delivery volume increase of 40.15% against the five-day average, suggests growing confidence among investors despite the challenges posed by pledged shares and high valuations. Overall, the stock's recent upward movement can be attributed to strong operational performance and positive market sentiment, despite underlying risks.