Why is Vippy Spinpro falling/rising?

As of 24-Sep, Vippy Spinpro Ltd's stock price is currently at Rs 170.10, reflecting an increase of Rs 4.05 or 2.44%. Today's performance indicates a positive trend, as the stock has gained after two consecutive days of decline, opening with a gain of 2.08% and reaching an intraday high of Rs 170.8. Despite this upward movement, the stock has underperformed against the benchmark Sensex over the past week, month, and year, with returns of -3.63%, -1.82%, and -6.02%, respectively. However, the company shows strong fundamentals, with a healthy EBIT to Interest ratio of 11.55 and impressive operating profit growth of 54.33% annually. Additionally, the stock is trading at a discount compared to its peers, supported by a low PEG ratio of 0.1, which may attract investors looking for value.
In the broader market context, while Vippy Spinpro's stock has outperformed its sector by 2.87% today, its longer-term performance has been lackluster, particularly over the last three years, where it has consistently underperformed against the benchmark. The stock's recent rise may be attributed to increased investor participation, as evidenced by a significant rise in delivery volume. However, the overall trend remains concerning, as the stock has generated negative returns over the past year and has not kept pace with the broader market's recovery, which has seen the Sensex gain 4.58% year-to-date. This juxtaposition of short-term gains against a backdrop of longer-term underperformance highlights the challenges Vippy Spinpro faces in regaining investor confidence.