Why is Agarwal Fortune falling/rising?

As of 21-Aug, Agarwal Fortune India Ltd's stock price is currently at 22.51, reflecting an increase of 0.35 or 1.58%. The stock has been gaining momentum, having risen 6.63% over the last two days and outperforming its sector by 1.57% today. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Despite this positive movement, there has been a notable decline in investor participation, with delivery volume dropping by 30.43% compared to the 5-day average. The company demonstrates strong long-term fundamentals, with an average Return on Equity (ROE) of 20.38% and net sales growth at an annual rate of 52.60%. However, the stock is considered expensive with a Price to Book Value of 7.9, and while it has generated an 8.80% return over the past year, its profits have only increased by 9%, resulting in a low PEG ratio of 0.1.
In the broader market context, Agarwal Fortune's short-term performance has outpaced the benchmark, with a 1-week return of 2.79% compared to the Sensex's 1.74%. This indicates that the stock is performing well relative to the market, especially given the negative returns of -1.56% from the BSE500 over the past year, while Agarwal Fortune has managed to achieve positive returns. Despite the stock's recent gains, the overall market sentiment remains cautious, as reflected in the declining investor participation and the stock's high valuation metrics.