Why is Shree Metalloys falling/rising?

As of 13-Jun, Shree Metalloys Ltd's stock price is currently at Rs 41.69, reflecting an increase of Rs 2.18 or 5.52%. The stock opened with a significant gain of 10.1% today, reaching an intraday high of Rs 43.5. Despite a recent decline of 2.00% over the past week, the stock has shown a positive return of 3.99% over the last month and a notable 6.90% increase over the past year. The company has reported positive financial results for the last three consecutive quarters, with substantial growth in profits and a very attractive valuation indicated by a low Price to Book Value ratio. Additionally, rising promoter confidence, as evidenced by a 4.64% increase in their stake, suggests optimism about the company's future.
In the broader market context, while Shree Metalloys has outperformed its sector by 6.11% today, it has lagged behind the benchmark Sensex, which has seen a decline of 1.30% over the past week. The stock's performance is particularly noteworthy given its strong returns over the last three and five years, outperforming the Sensex during those periods. However, the stock's long-term fundamentals are concerning, with a weak average Return on Equity and poor debt servicing ability, which may temper investor enthusiasm despite the recent positive price movement.