Why is Shah Metacorp falling/rising?

As of 08-Jul, Shah Metacorp Ltd's stock price is currently at 4.00, reflecting an increase of 0.04 or 1.01%. The stock has shown a positive performance today, outperforming its sector by 1.27%. Over the past week, it has gained 1.52%, and in the last month, it has surged by 29.87%. However, despite these short-term gains, the stock has underperformed over the year with a return of -8.05%. The company has reported positive results for the last ten consecutive quarters, with significant growth in profit after tax and net sales, indicating strong operational performance. Additionally, rising promoter confidence, as evidenced by a 3.9% increase in their stake, suggests optimism about the company's future.
In the broader market context, while Shah Metacorp has shown positive short-term returns, it has lagged behind the benchmark, which has generated a return of 1.98% over the past year. The stock's long-term performance remains a concern, with a weak average return on capital employed and a high debt to EBITDA ratio, which may affect its ability to service debt. Despite the attractive valuation compared to peers and a low PEG ratio, the overall long-term fundamentals suggest caution, as the stock has not kept pace with broader market trends.