Why is Smruthi Organic falling/rising?

As of 17-Sep, Smruthi Organics Ltd is currently priced at Rs 143.40, reflecting an increase of Rs 1.4 or 0.99%. The stock has shown a positive trend recently, gaining 5.33% over the last two days, although it opened lower today with a decline of 2.04% at one point. Despite this intraday dip, the stock has outperformed its sector by 0.95%. Over the past month, the stock has risen by 18.66%, contrasting with a year-to-date increase of 19.75%. However, it has faced challenges, including a significant drop in delivery volume, which fell by 83.56% compared to the five-day average. The company benefits from a low debt-to-equity ratio and an attractive valuation, with profits rising by 301% over the past year, contributing to a PEG ratio of 0.1, which suggests the stock is undervalued compared to its peers.
Broader Market Context: In the context of the broader market, the Sensex has increased by 1.56% over the past week, while Smruthi Organics has declined by 11.48% during the same period, indicating a significant underperformance relative to the benchmark. However, the stock's year-to-date performance of 19.75% surpasses the Sensex's 5.83% increase, suggesting that while it may be facing short-term volatility, it has shown resilience and growth over a longer timeframe. The contrasting performance metrics highlight the stock's potential for recovery, especially given its strong fundamentals and recent positive earnings growth.