Why is Smruthi Organic falling/rising?

As of 16-Sep, Smruthi Organics Ltd is experiencing a price increase, currently at Rs 142.00, reflecting a change of 5.85 (4.3%) upward. The stock has shown a positive trend today, gaining after three consecutive days of decline, and opened with a significant gain of 4.66%. It has outperformed its sector by 4.02% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has increased by 5.19%, and over the past month, it has risen by 17.50%, although it has a one-year return of -6.58%. The company has a low debt-to-equity ratio of 0.10, and despite a negative one-year return, its profits have surged by 301%, indicating strong underlying performance.
In the broader market context, Smruthi Organics' recent performance stands in contrast to the Sensex, which has only increased by 1.58% over the past week. This suggests that the stock is gaining traction relative to the overall market. However, it is important to note that investor participation has decreased significantly, with a 67.72% drop in delivery volume compared to the five-day average, which could indicate caution among investors. Despite this, the stock's attractive valuation, trading at a discount compared to peers, and the strong return on capital employed (ROCE) of 7.6 may contribute to its recent upward movement.