Why is Sterling Tools falling/rising?

As of 23-Jul, Sterling Tools Ltd. is experiencing a price increase, with its current price at Rs 374.15, reflecting a rise of Rs 12.15 or 3.36%. The stock has shown a strong performance today, outperforming its sector by 2.4% and reaching an intraday high of Rs 378.5, which is a 4.56% increase. Over the past week, the stock has gained 5.51%, and over the past month, it has risen by 9.75%. However, it is important to note that the stock has faced challenges, with a year-to-date decline of 35.49%. The company has a low Debt to EBITDA ratio of 0.66 times, indicating a strong ability to service debt, and it is trading at a discount compared to its peers. Despite a modest return of 0.50% over the past year, the company's profits have increased by 5.9%, but the PEG ratio of 4.3 suggests concerns about future growth potential.
In the broader market context, the Sensex has shown a minimal increase of 0.11% over the past week, indicating that Sterling Tools' performance is significantly better than the benchmark during this period. However, the stock's long-term growth prospects appear weak, with a decline in net sales and a substantial drop in profit before tax. Additionally, institutional investors have reduced their stake in the company, which may reflect a lack of confidence in its future performance. This decrease in institutional participation, combined with falling delivery volumes, suggests that while the stock is currently rising, there are underlying concerns that could impact its sustainability in the long run.