Why is 20 Microns falling/rising?

As of 16-Jul, 20 Microns Ltd's stock price is rising, currently at 259.45, reflecting an increase of 34.15 or 15.16%. The stock has shown strong performance today, outperforming its sector by 14.99% and has gained consecutively over the last two days, with a total return of 16.09% during this period. It reached an intraday high of Rs 268.75, indicating significant upward momentum. Over the past year, the stock has generated a return of 19.45%, while profits have increased by 10.9%, contributing to a favorable PEG ratio of 1.3. Additionally, the company maintains a low Debt to EBITDA ratio of 1.11, which supports its ability to service debt effectively, and it is trading at a discount compared to its peers' average historical valuations.
In the broader market context, the stock's short-term return of +17.35% over the past week contrasts sharply with the Sensex, which has declined by 1.08% during the same period. This significant outperformance highlights the stock's resilience and attractiveness to investors, especially given its consistent returns over the last three years. While the stock has experienced high volatility today, with an intraday volatility of 5.97%, it remains liquid enough for trading. However, it is worth noting that delivery volume has decreased by 5.57% against the five-day average, indicating a slight decline in investor participation, which could be a factor to monitor moving forward.