Why is Uday Jewellery falling/rising?

As of 24-Sep, Uday Jewellery Industries Ltd is experiencing a decline in its stock price, currently at 160.80, which reflects a decrease of 2.25 or 1.38%. Today's price summary indicates that the stock has underperformed its sector by 0.75%, and there has been a significant drop in investor participation, with delivery volume falling by 87.15% compared to the 5-day average. Over the past week, the stock has decreased by 0.71%, while it has seen a more substantial decline of 6.02% over the past month. Despite these short-term challenges, the company has demonstrated strong long-term growth, with net sales increasing at an annual rate of 38.68% and a remarkable net profit growth of 196.18%. The company has also reported positive results for the last three consecutive quarters, which may provide some support for the stock despite its current price movement.
In the broader market context, Uday Jewellery's recent performance contrasts with the benchmark Sensex, which has declined by 1.18% over the past week. While the stock has generated a modest return of 0.53% over the past year, the Sensex has fallen by 3.77% in the same period, indicating that the stock has outperformed the benchmark on a yearly basis. However, the stock's recent underperformance in the short term, combined with a decrease in trading volume and liquidity, suggests that investors may be cautious. The attractive valuation metrics, such as a low debt-to-equity ratio and a PEG ratio of 0.3, indicate potential for recovery, but the current market sentiment appears to be weighing on the stock's price.