Why is Sita Enterprises falling/rising?

As of 01-Jul, Sita Enterprises Ltd is experiencing a price increase, currently at 155.50, reflecting a rise of 6.9 or 4.64%. The stock has shown strong performance recently, having gained 9.31% over the last two days and outperforming its sector by 4.78% today. It opened with a significant gain of 6.33% and reached an intraday high of Rs 158. Over the past year, the stock has generated an impressive return of 190.71%, significantly higher than the market average. However, it is important to note that while the stock has performed well, it has faced challenges such as a weak long-term fundamental strength indicated by an average Return on Equity (ROE) of 8.41% and a decline in profits by 59.9% over the past year.
In the broader market context, Sita Enterprises' short-term performance over the past week shows a return of 1.50%, which is lower than the benchmark Sensex's return of 2.00%. Despite this, the stock's year-to-date performance of 27.91% far exceeds the Sensex's 7.11%. The stock's liquidity remains adequate for trading, but there has been a notable decrease in investor participation, with delivery volume dropping by 45.08% against the five-day average. This decline in participation could indicate a potential concern for future price stability, despite the stock's current upward movement.