Why is Unicommerce falling/rising?

As of 15-Jul, Unicommerce eSolutions Ltd's stock price is rising, currently at Rs 130.10, reflecting an increase of Rs 7.5 or 6.12%. The stock has outperformed its sector today by 5.74%, reaching an intraday high of Rs 130.7. In the past week, the stock has shown a positive return of 6.42%, while it has underperformed over the last month with a decline of 3.70%. The company has demonstrated strong management efficiency with a high return on equity (ROE) of 23.49% and a low debt-to-equity ratio, contributing to a healthy long-term growth outlook, as indicated by an impressive annual operating profit growth rate of 98.52%. Additionally, the company has reported positive results for the last three consecutive quarters, with the highest profit after tax (PAT) at Rs 7.06 crore and earnings per share (EPS) at Rs 0.68.
In the broader market context, while the Sensex has declined by 1.36% over the past week, Unicommerce's stock has managed to rise, indicating a divergence from the overall market trend. However, the stock's year-to-date performance shows a significant decline of 22.81%, contrasting with the Sensex's gain of 5.67%. This suggests that despite the recent positive movement, the stock has faced challenges over a longer period. The rising investor participation, evidenced by a 7.65% increase in delivery volume, indicates growing interest, but the stock's valuation remains a concern, as it is considered expensive with a price-to-book value of 17.3.