Why is Sh. Hari Chem. falling/rising?

As of 19-Sep, Shree Hari Chemicals Export Ltd is experiencing a price increase, currently at 105.00, reflecting a rise of 1.15 (1.11%). The stock has shown strong performance recently, gaining 9.38% over the last four days, and has outperformed its sector by 1.44% today. Despite a year-to-date decline of 24.73%, the stock has generated a return of 6.06% over the past year, with profits increasing by 38.9%. The company has a very attractive valuation with a return on capital employed (ROCE) of 14.7 and a PEG ratio of 0.4, indicating that it is trading at a discount compared to its peers. However, it is important to note that the company has reported operating losses and weak long-term fundamental strength, which could impact investor sentiment.
In the broader market context, Shree Hari Chemicals has outperformed the Sensex, which has only increased by 0.88% over the past week, while the stock has risen by 7.69%. This indicates that the stock's recent gains are not solely driven by overall market trends but may be influenced by specific company factors. The rising investor participation, evidenced by a 65.32% increase in delivery volume, suggests growing interest in the stock, despite the negative results reported in June, including a significant drop in net sales. Overall, while the stock is currently rising, its long-term outlook remains uncertain due to the operating losses and fundamental weaknesses.