Why is Uni Abex Alloy falling/rising?

As of 19-Aug, Uni Abex Alloy Products Ltd is experiencing a price increase, currently at Rs 2,952.70, which reflects a rise of 65.05 or 2.25%. The stock has shown a positive performance today, outperforming its sector by 1.42%, and has gained consecutively over the last two days, accumulating a total return of 7%. It opened with a gain of 3.2% and reached an intraday high of Rs 2,980. However, the stock's recent performance over the past month has been negative, with a decline of 15.27%. Additionally, the company's financial indicators show a significant drop in profitability, with a 33.8% decrease in profit after tax compared to the previous quarter and the lowest net sales recorded at Rs 39.18 crore. Despite a low debt-to-equity ratio of 0.08, the stock is trading at a premium relative to its peers, which may deter some investors.
In the broader market context, the stock's one-week return of 1.21% is lower than the benchmark Sensex's return of 1.76%, indicating that while the stock is rising today, it has not kept pace with the overall market in the short term. The stock's year-to-date performance is positive at 9.07%, outpacing the Sensex's 4.49%, but its one-year return of -0.25% contrasts with the Sensex's gain of 1.52%. The falling investor participation, evidenced by a 46.52% drop in delivery volume, suggests a lack of confidence among investors, which could impact future price movements. Overall, while the stock is rising today, the underlying financial challenges and market dynamics present a mixed outlook.