Why is Sumit Woods falling/rising?

As of 01-October, Sumit Woods Ltd is experiencing a price increase, currently at 94.61, reflecting a change of 2.78 or 3.03% upward. The stock has outperformed its sector by 1.62% today, although it is trading below its 100-day and 200-day moving averages, indicating mixed performance in the longer term. Over the past week, the stock has risen by 5.06%, contrasting with the Sensex, which has declined by 0.88%. Despite a year-to-date decline of 33.84%, the company has seen a significant profit increase of 46.2%, suggesting that while the stock price has struggled, the underlying profitability is improving. However, the delivery volume has decreased by 17.55% compared to the five-day average, indicating a potential decline in investor participation.
In the broader market context, while the stock has shown positive short-term returns, it has underperformed the market over the past year, with a return of -21.32% compared to the BSE500's -5.88%. This underperformance highlights the challenges the company faces despite its recent gains. The stock's valuation appears attractive as it trades at a discount to its peers, but concerns about its long-term fundamental strength, including a high Debt to EBITDA ratio and weak ROCE, may temper investor enthusiasm. Overall, while there are some positive indicators, the stock's long-term outlook remains uncertain, contributing to a cautious market sentiment.