Why is Shera Energy falling/rising?

As of 18-Sep, Shera Energy Ltd's stock price is currently at 134.00, reflecting an increase of 1.3, or 0.98%. The stock has shown a performance today that outperformed its sector by 1.95%. However, it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential downward trend. Over the past week, the stock has gained 0.71%, but it has experienced a decline of 5.30% over the past month and a significant drop of 28.13% year-to-date. Despite these declines, the company has reported positive results for the last three consecutive quarters, with a notable growth in profit after tax of 74.80% and record net sales. The stock is considered to have an attractive valuation, trading at a discount compared to its peers, which may contribute to its recent price increase.
In the broader market context, the Sensex has outperformed Shera Energy over the past week, gaining 1.67%, while the stock has only increased by 0.71%. This suggests that while Shera Energy is experiencing some upward movement today, it is lagging behind the overall market performance. The company's high management efficiency, reflected in a return on capital employed (ROCE) of 20.06%, and a favorable PEG ratio of 0.3 indicate strong fundamentals, which may support investor confidence despite the stock's overall negative returns over the longer term. The rising investor participation, with a significant increase in delivery volume, further suggests that there is growing interest in the stock, potentially leading to a more stable price movement in the future.