Why is Sumuka Agro falling/rising?

As of 22-Sep, Sumuka Agro Industries Ltd is experiencing a price increase, currently at Rs 232.50, reflecting a rise of 5.05 or 2.22%. The stock has shown a trend reversal, gaining after seven consecutive days of decline. Today, it outperformed its sector by 2.6%, reaching an intraday high of Rs 232.95. Despite a negative return of -1.48% over the past month, the stock has demonstrated strong long-term performance with a year-to-date increase of 16.25% and a remarkable 250.94% rise over the past three years. The company's high management efficiency, indicated by a return on equity of 29.12%, and a low debt-to-equity ratio of 0.08 times contribute positively to its recent price movement.
In the broader market context, while the Sensex has gained 0.46% over the past week, Sumuka Agro's short-term performance has been weaker, with a decline of 2.52% in the same period. However, the stock's ability to generate a 12.26% return over the last year, despite the benchmark's negative performance of -2.82%, highlights its resilience. The recent increase in delivery volume by 128.08% against the five-day average indicates rising investor participation, further supporting the stock's upward movement. Overall, the combination of strong fundamentals and a recent uptick in trading activity suggests a positive outlook for Sumuka Agro Industries Ltd.