Why is Vishal Fabrics falling/rising?

As of 08-Jul, Vishal Fabrics Ltd is experiencing a price increase, with the current price at Rs 38.71, reflecting a rise of 1.69 (4.57%). Today's performance indicates that the stock has outperformed its sector by 2.74% and has shown a trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 39, marking a 5.35% increase. Over the past week, Vishal Fabrics has generated a return of 5.59%, significantly higher than the Sensex's negligible increase of 0.02%. Additionally, the stock has delivered a remarkable 48.66% return over the past year, well above the market average of 1.98%. The company's attractive valuation, indicated by a ROCE of 11 and a PEG ratio of 3.3, suggests that it is trading at a discount compared to its peers, contributing positively to its recent price movement.
In the broader market context, Vishal Fabrics' short-term performance has significantly outpaced the benchmark, as evidenced by its 5.59% return over the past week compared to the Sensex's minimal gain. Despite a decline in investor participation, with delivery volume falling by 44.89% against the 5-day average, the stock remains liquid enough for trading. The positive returns over various periods, coupled with the company's solid profit growth of 12.8% over the past year, reinforce the stock's upward momentum. However, it is essential to note that while the stock has performed well recently, its 5-year return of -30.30% compared to the benchmark's 130.43% indicates a long-term underperformance that investors should consider.