Why is Sejal Glass falling/rising?

As of 04-Jul, Sejal Glass Ltd is experiencing a price increase, currently trading at 470.00, which reflects a rise of 12.35 or 2.7%. Today's performance indicates that the stock has outperformed its sector by 1.88%, reaching an intraday high of Rs 473. However, the stock has shown erratic trading patterns, not trading on 2 out of the last 20 days, and there has been a significant decline in delivery volume, dropping by 54.96% against the 5-day average. Despite these fluctuations, the company has demonstrated strong financial performance, with a remarkable 680% growth in net profit and positive results for the last four consecutive quarters, contributing to a year-to-date return of 30.74%, which is notably higher than the benchmark's 6.77%.
In the broader market context, while Sejal Glass has outperformed the Sensex over the past year, it has underperformed in the short term, with a 4.67% decline over the past week compared to a 0.74% drop in the benchmark. This suggests that while the stock has shown resilience and long-term growth potential, investors may be cautious due to its high debt levels and weak long-term fundamental strength, as indicated by a low return on capital employed. The stock's current valuation appears expensive relative to its profitability metrics, which could be influencing investor sentiment and contributing to its recent price movements.