Why is SMS Lifesciences falling/rising?

As of 22-Sep, SMS Lifesciences India Ltd is experiencing a price increase, currently at Rs 1,227.00, reflecting a rise of Rs 31.5 or 2.63%. Today's price summary indicates that the stock outperformed its sector by 3.71%, reaching an intraday high of Rs 1,255, which is a 4.98% increase. However, it also touched a low of Rs 1,159.9, indicating some volatility. The stock has shown positive short-term performance, with a 1-week return of 1.91% and a 1-month return of 5.78%. Despite a significant decline of 19.12% over the past year, the stock is trading at a discount compared to its peers, and its attractive valuation with a ROCE of 10.7 may contribute to the recent upward movement.
In the broader market context, SMS Lifesciences has outperformed the Sensex, which only gained 0.46% over the past week. While the stock's year-to-date return is 2.08%, it has lagged behind the benchmark's 5.15% return. The stock's long-term fundamentals are weak, with a declining profit trend and negative results reported in June, which may temper investor enthusiasm despite the recent price rise. Additionally, falling investor participation, as indicated by a 33.4% drop in delivery volume, suggests caution among traders. Overall, while the stock is currently rising, the underlying fundamentals and market conditions present a mixed picture.