Why is Shiva Global falling/rising?

As of 11-Sep, Shiva Global Agro Industries Ltd is experiencing a price increase, currently at 48.00, reflecting a rise of 0.55 or 1.16%. The stock has shown strong performance recently, outperforming its sector by 0.64% today and achieving a consecutive gain over the last three days with a total return of 5.68%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has reported significant growth in net profit, with a remarkable increase of 1016%, and has declared positive results for the last three consecutive quarters, contributing to its attractive valuation compared to peers. The stock has generated a return of 9.09% over the past year, while profits have risen by 102.4%, indicating strong underlying performance.
In the broader market context, while the BSE500 index has shown negative returns of -2.29% over the past year, Shiva Global has managed to outperform with a return of 9.09%. The stock's recent upward movement can be attributed to rising investor participation, as evidenced by a 114.94% increase in delivery volume compared to the 5-day average. This liquidity, combined with the company's strong financial results and attractive valuation metrics, suggests that investor confidence is growing despite a generally challenging market environment.