Why is Akar Auto Indust falling/rising?

As of 23-Jul, Akar Auto Industries Ltd is experiencing a price increase, currently at Rs 167.95, which reflects a rise of Rs 7.95 or 4.97%. The stock has shown a positive trend today, having outperformed its sector by 5.72% and gaining after three consecutive days of decline. It is also close to its 52-week high, just 2.38% away from Rs 172. Over the past week, the stock has risen by 5.00%, and it has demonstrated significant long-term performance with a 63.06% return over the past year, outperforming the BSE500 index in various time frames. However, there has been a notable decline in investor participation, with delivery volume dropping by 84.41% against the 5-day average.
In the broader market context, Akar Auto Industries Ltd's short-term performance of 5.00% over the past week significantly surpasses the Sensex's minimal gain of 0.11%. This strong performance is supported by the company's attractive valuation metrics, including a return on capital employed (ROCE) of 18.5 and a PEG ratio of 1.9, indicating that the stock is trading at a discount compared to its peers. The stock's liquidity remains adequate for trading, and despite the recent drop in delivery volume, the overall market-beating performance in both the near and long term suggests that investor confidence remains relatively strong.