Why is Shera Energy falling/rising?

As of 22-Jul, Shera Energy Ltd's stock price is currently at 141.00, reflecting an increase of 3.3, or 2.4%. Today's price summary indicates that the stock has outperformed its sector by 2.67%, with a notable rise in delivery volume, which increased by 86.44% against the 5-day average. Despite a year-to-date decline of 24.38% and a one-year return of -25.10%, the company has shown positive financial results, including a 57.21% growth in net sales and a 49.7% increase in profit after tax. The company's high return on capital employed (ROCE) of 20.78% and an attractive valuation with a PEG ratio of 0.4 suggest potential for recovery, although concerns about its weak ability to service debt remain.
In the broader market context, Shera Energy's short-term performance over the past week shows a gain of 0.93%, while the benchmark Sensex has declined by 0.54%. This indicates that the stock is currently performing better than the overall market. However, the long-term performance remains a concern, as the stock has underperformed the BSE500 over the past three years, one year, and three months. The combination of recent positive financial results and improved investor participation may be contributing to the stock's upward movement, despite its overall negative returns in the longer term.