Why is SGL Resources falling/rising?

As of 03-Jul, SGL Resources Ltd is experiencing a price increase, currently at 4.81, reflecting a change of 0.09 or 1.91% upward. The stock has been gaining for the last two days, with a total return of 3.89% during this period. It has outperformed its sector by 1.89% today. Despite a negative return of -1.84% over the past week and a significant decline of -29.78% year-to-date, the company has shown strong long-term growth, with operating profit increasing at an annual rate of 43.41%. Positive results over the last four consecutive quarters, including a 220.41% growth in PAT and a 333.48% increase in net sales, contribute to a favorable outlook. The stock is trading at a discount compared to its peers, and its PEG ratio of 0.5 indicates an attractive valuation.
In the broader market context, while SGL Resources has underperformed the benchmark Sensex over the past week, it has significantly outperformed it over the past month, with a return of +17.89% compared to the Sensex's +3.10%. This suggests that the recent price increase may be driven by positive sentiment and investor participation, as evidenced by an 85.17% rise in delivery volume. The stock's liquidity is adequate for trading, further supporting its recent gains. Overall, the combination of strong financial performance, attractive valuation metrics, and improved investor interest appears to be driving the stock's upward movement despite its longer-term challenges.