Why is Sindhu Trade falling/rising?

As of 04-Jul, Sindhu Trade Links Ltd is experiencing a significant price increase, with its current price at Rs. 35.79, reflecting a change of 5.84 or 19.5% upward. The stock has recently hit a new 52-week high of Rs. 35.94 and has outperformed its sector by 19.69%. Over the past week, the stock has gained 37.18%, and in the last month, it has risen by 61.14%. Despite the impressive returns, the company is facing challenges, including operating losses and low domestic mutual fund holdings, which may indicate concerns about its long-term fundamental strength. However, the stock's strong performance, with a 73.23% return over the past year, coupled with a PEG ratio of 0.6, suggests that it is trading at a fair valuation compared to its peers.
In the broader market context, while Sindhu Trade Links Ltd has shown remarkable short-term returns, the benchmark Sensex has declined by 0.74% over the past week and increased by only 3.01% in the last month. This stark contrast highlights the stock's ability to outperform the market significantly. The company's rising investor participation, indicated by a 40.41% increase in delivery volume, further supports its upward momentum. However, the high volatility of 5.43% today and the operating losses reported in the latest quarter could pose risks for future performance, suggesting that while the stock is currently rising, caution may be warranted for long-term investors.