Why is Uni Abex Alloy falling/rising?

As of 19-Sep, Uni Abex Alloy Products Ltd is experiencing a price increase, with the current price at 3,000.00, reflecting a rise of 100.0 or 3.45%. Today's price summary indicates that the stock has outperformed its sector by 3.34% and has gained after two consecutive days of decline, reaching an intraday high of Rs 3038.6. However, despite this positive movement, the stock has shown a mixed performance over various periods, with a year-to-date return of +10.82% contrasting with a one-year decline of -10.71%. The company's financials reveal a low debt-to-equity ratio, but recent quarterly results show a significant drop in profit after tax and net sales, which may contribute to investor caution.
In the broader market context, the stock's short-term performance over the past week has been -1.35%, while the benchmark Sensex has increased by +0.88%. This underperformance in the short term suggests that while the stock is currently rising, it has not kept pace with the overall market recently. Additionally, the lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence in the stock's valuation, especially given its premium compared to peers and declining profits. Overall, while the stock is currently rising, underlying financial challenges and market sentiment may temper this upward movement.