Why is Shree Bhavya falling/rising?

As of 04-Aug, Shree Bhavya Fabrics Ltd is experiencing a price increase, currently at 28.88, reflecting a rise of 0.41 or 1.44%. Today's price summary indicates that the stock has outperformed its sector by 1.1%, with delivery volume on August 1 rising by 60.21% compared to the 5-day average, suggesting increased investor interest. Over the past year, the stock has generated a return of 14.38%, while profits have risen by 22.3%, contributing to a favorable PEG ratio of 0.5. The company has also reported strong operating profit metrics, indicating solid financial health, which supports its attractive valuation compared to peers.
In the broader market context, the stock's short-term performance over the past week shows a decline of 5.19%, contrasting with a slight increase of 0.16% in the Sensex. However, over the longer term, Shree Bhavya has outperformed the benchmark, with a 1-month return of 11.51% compared to a decline of 2.89% in the Sensex. This consistent outperformance over the last three years, where the stock has returned 148.97% compared to the benchmark's 38.97%, indicates a strong underlying demand for the stock despite recent fluctuations.