Why is Sh. Hari Chem. falling/rising?

As of 22-Sep, Shree Hari Chemicals Export Ltd is experiencing a price increase, currently at Rs 110.00, reflecting a rise of 5.0 (4.76%). The stock has shown strong performance today, outperforming its sector by 5.59% and has been on a consecutive gain streak for the last five days, accumulating a total return of 14.58% during this period. It opened with a gain of 2.38% and reached an intraday high of Rs 110.7. Despite these positive movements, the stock's delivery volume has significantly decreased, falling by 77.49% against the five-day average, indicating a potential decline in investor participation. Additionally, while the stock has generated a return of 12.24% over the past year, it has faced operating losses, which raises concerns about its long-term fundamental strength.
Broader market context shows that while the stock has outperformed the broader market, which has seen a negative return of -3.80% over the past year, its year-to-date performance is down by 21.15%, contrasting with the Sensex's positive return of 5.15%. The stock is trading at a discount compared to its peers, with a very attractive valuation indicated by a ROCE of 14.7 and a PEG ratio of 0.4. However, the company reported its lowest net sales and operating profit margins recently, which could be contributing to the mixed sentiment among investors. Overall, the stock's recent rise can be attributed to short-term gains and attractive valuations, despite underlying concerns regarding its operational performance.