Why is Yash Chemex falling/rising?

As of 29-Jul, Yash Chemex Ltd's stock price is currently at Rs 54.00, reflecting an increase of Rs 1.78 or 3.41%. The stock has outperformed its sector today by 2.99%, reaching an intraday high of Rs 54.15. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive short-term trend. However, there has been a significant drop in investor participation, with delivery volume falling by 75.62% compared to the 5-day average. Despite a year-over-year return of -4.88%, the company has shown a substantial increase in profits, with net sales growing by 30.52% and a PEG ratio of 0, suggesting an attractive valuation relative to peers. Nevertheless, the company faces challenges with operating losses and a weak ability to service its debt, which may temper investor enthusiasm.
In the broader market context, Yash Chemex's short-term performance over the past week shows a decline of 0.74%, while the benchmark Sensex has decreased by 1.03%, indicating that the stock has fared slightly better than the market overall. Over the past month, Yash Chemex has gained 1.94%, contrasting with the Sensex's drop of 3.24%. This relative outperformance in the short term may be contributing to the recent rise in stock price, despite the company's long-term fundamental weaknesses and low profitability metrics.