Why is Sunrakshakk Inds falling/rising?

As of 07-Oct, Sunrakshakk Industries India Ltd is experiencing a significant rise in its stock price, currently at 1,335.90, reflecting an increase of 115.45 or 9.46%. The stock has shown strong performance today, outperforming its sector by 9.66% and has been on a consecutive gain streak for the last four days, accumulating a remarkable 32.75% return over this period. Additionally, the stock opened with a gain of 3.24% and reached an intraday high of Rs 1342.45, indicating robust investor interest. The company has demonstrated a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 0.91 times, and has achieved healthy long-term growth with net sales increasing at an annual rate of 53.70%. However, it is important to note that the company has faced negative results in the past, including a decline in PAT and low cash reserves, which may raise concerns among investors.
Broader market context shows that Sunrakshakk Industries has significantly outperformed the benchmark Sensex, with a 1-week return of 32.75% compared to the Sensex's 2.07% and a year-to-date return of 88.01% against the Sensex's 4.85%. This stark contrast highlights the stock's strong momentum in the market. Despite some negative indicators, such as low domestic mutual fund holdings and a high PEG ratio, the overall investor participation has increased, with delivery volume rising by 172.66% against the 5-day average. This suggests that while there are some concerns, the current positive sentiment and strong performance metrics are driving the stock's upward trajectory.