Why is SP Apparels falling/rising?

As of 11-Jul, SP Apparels Ltd. is experiencing a slight increase in its stock price, currently at 838.00, reflecting a change of 1.65 or 0.2% upward. The stock has shown mixed performance recently, with a 1-week decline of 1.97% and a 1-month increase of 0.96%. Notably, the stock outperformed its sector today by 1.72%, and there has been a rise in investor participation, with delivery volume increasing by 14.97% compared to the 5-day average. The company has a low Debt to EBITDA ratio of 1.11 times, indicating a strong ability to service debt, and it is trading at a discount compared to its peers' average historical valuations. Additionally, the stock has generated a return of 1.24% over the past year, with profits rising by 5.5%, contributing to its attractive valuation.
In the broader market context, SP Apparels' short-term performance has been less favorable compared to the benchmark, with the Sensex declining only 1.12% over the past week. However, the stock has demonstrated strong long-term performance, outperforming the BSE500 over the last 3 years, 1 year, and 3 months. The high institutional holdings at 21.49% suggest that informed investors are backing the stock, which may provide additional confidence to retail investors. Overall, while the stock is facing some short-term challenges, its long-term prospects remain positive, supported by solid fundamentals and investor interest.