Why is Sicagen India falling/rising?

As of 09-Sep, Sicagen India Ltd is currently priced at 78.00, reflecting a decrease of 0.45, or 0.57%. Despite this decline, the stock has shown positive performance in the short term, with a 1-week return of 4.00% and a 1-month return of 11.43%, outperforming the Sensex, which returned 1.18% and 1.56% respectively over the same periods. The stock is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in recent trading. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 337.47% compared to the 5-day average. While the stock has faced a substantial decline of 27.67% over the past year, its operating profit has increased by 32.2%, suggesting that the stock may be undervalued relative to its earnings growth.
Broader Market Context: In the context of the broader market, Sicagen India's recent performance has been favorable compared to the Sensex, particularly in the short term, where it has outperformed the benchmark significantly. While the stock has a year-to-date decline of 11.25% against the Sensex's gain of 3.79%, its long-term growth potential remains strong, as indicated by a healthy annual operating profit growth rate of 55.15% and a PEG ratio of 0.6, which suggests it is trading at an attractive valuation. The majority ownership by promoters may also contribute to investor confidence in the company's long-term prospects, despite the current price decline.