Why is U. H. Zaveri falling/rising?

As of 29-Sep, U. H. Zaveri Ltd's stock price is currently at 17.98, reflecting an increase of 0.76 or 4.41%. The stock has shown strong performance recently, gaining 11.19% over the past week and 15.11% over the last month, significantly outperforming the broader market. It has been on a consecutive gain streak for the last five days, trading above all key moving averages. Despite a notable decline in delivery volume, which fell by 16.41% against the five-day average, the stock's attractive valuation and discount compared to peers have contributed positively to its recent price movement. However, the company has faced challenges, including a 93% drop in profits over the past year, indicating underlying weaknesses.
Broader market context shows that while the BSE500 index has experienced negative returns of 7.50% over the last year, U. H. Zaveri has managed to generate an 8.44% return, highlighting its market-beating performance. The diamond and gold jewelry sector has also seen a gain of 2.06%, which may have positively influenced U. H. Zaveri's stock movement. Nonetheless, the company faces long-term fundamental challenges, such as a high Debt to EBITDA ratio and a declining trend in operating profits, which could impact investor sentiment moving forward.