Why is Sindhu Trade falling/rising?

As of 10-Jun, Sindhu Trade Links Ltd is experiencing a price increase, currently at Rs 26.37, reflecting a rise of 2.52 or 10.57%. The stock has shown strong performance, gaining 19.05% over the last three days and outperforming its sector by 9.55% today. It has also demonstrated impressive returns over various periods, including a 38.64% increase over the past month and a 20.41% rise year-to-date. The stock is technically in a mildly bullish range, supported by positive indicators such as MACD and Bollinger Bands. However, it is important to note that the company is facing operational losses and has weak long-term fundamental strength, which could impact investor sentiment.
In the broader market context, Sindhu Trade Links Ltd has significantly outperformed the Sensex, which has only risen by 2.05% over the past week while the stock surged by 18.15%. This stark contrast highlights the stock's strong short-term momentum. Despite the positive short-term performance, the company's low domestic mutual fund ownership and recent negative financial results, including a substantial operating loss, suggest caution among investors. The stock's attractive valuation metrics, such as a low Price to Book Value and a favorable PEG ratio, may provide some support for its price movement, but the underlying operational challenges remain a concern.