Why is Sunil Industries falling/rising?

As of 17-Jul, Sunil Industries Ltd is experiencing a price increase, currently at Rs 80.00, reflecting a rise of Rs 2.47 or 3.19%. Today's trading performance indicates that the stock opened with a gain of 4.46% and reached an intraday high of Rs 81, outperforming its sector by 2.91%. Despite this positive movement, the stock has shown erratic trading patterns, not trading on four out of the last twenty days, and there has been a notable decline in delivery volume, which has fallen by 28.57% against the five-day average. The stock's year-to-date performance remains strong at +18.52%, although it has seen a decline of 11.11% over the past month. The company's recent financial results show significant growth in net sales and profits, contributing to a favorable valuation compared to peers, which supports the stock's upward movement.
In the broader market context, while Sunil Industries has outperformed the Sensex by 4.31% over the past week, the benchmark has experienced a decline of 1.12%. This contrast highlights the stock's relative strength in a challenging market environment. The company's robust financial performance, including a 48.66% growth in net sales and a 74.1% increase in profits over the past year, positions it favorably against the backdrop of a market that has only seen a 5.27% gain year-to-date. The stock's attractive valuation metrics, including a low PEG ratio of 0.1, further bolster investor confidence, suggesting that the recent price increase is supported by solid fundamentals despite some short-term volatility.