Why is Uday Jewellery falling/rising?

As of 05-Sep, Uday Jewellery Industries Ltd is experiencing a slight decline in its stock price, currently at Rs 168.80, reflecting a decrease of 0.4 or 0.24%. The stock is currently 4.77% away from its 52-week high of Rs 176.85 and has outperformed its sector by 0.32% today. Over the past week, the stock has decreased by 1.72%, while it has shown a strong performance over the past month with a return of 15.97%. Despite a healthy long-term growth trajectory, evidenced by a 196.18% increase in net profit and consistent positive results over the last three quarters, the stock's recent performance is tempered by a significant drop in investor participation, with delivery volume falling by 50.95% against the 5-day average.
In the broader market context, the Sensex has increased by 1.13% over the past week, contrasting with Uday Jewellery's decline. While the stock has generated an 8.21% return over the past year, it has lagged behind the benchmark in the short term. The company's low debt-to-equity ratio and attractive valuation, indicated by a PEG ratio of 0.3, suggest potential for future growth, but the recent drop in trading volume may indicate waning investor interest, which could be contributing to the stock's current price movement.