Why is Sindhu Trade falling/rising?

As of 22-Jul, Sindhu Trade Links Ltd is experiencing a price increase, currently at 31.80, reflecting a change of 0.41 or 1.31% upward. The stock has shown strong performance over the past month with a return of 24.36%, significantly outperforming the benchmark Sensex, which has declined by 0.27%. Additionally, the stock has outperformed its sector today by 1.85%. The stock's delivery volume has risen by 5.77% compared to the 5-day average, indicating increasing investor participation. Despite a strong one-year return of 77.65%, the company faces challenges with operating losses and weak long-term fundamental strength, which may temper investor enthusiasm.
In the broader market context, Sindhu Trade Links Ltd's recent performance contrasts sharply with the benchmark, as it has outperformed the BSE500, which has only returned 0.99% over the same period. While the stock is trading at a discount compared to its peers and has a favorable PEG ratio of 0.6, the significant operating losses and low domestic mutual fund ownership raise concerns about its long-term viability. This mixed outlook suggests that while short-term gains are evident, underlying financial issues may impact future performance.