Why is Alpex Solar falling/rising?

As of 11-Sep, Alpex Solar Ltd's stock price is currently at 1,346.35, reflecting a decrease of 10.1 points or 0.74%. Despite this decline, the stock has shown strong performance over the past week, with a return of 10.29%, and has outperformed the benchmark Sensex, which only gained 1.10% in the same period. Today's price summary indicates that Alpex Solar is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a generally positive trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 35.29% against the 5-day average. The company has reported impressive long-term growth metrics, including a 54.10% annual growth rate in net sales and a 21.9% increase in net profit, which has contributed to its strong performance despite the current price drop.
In the broader market context, while Alpex Solar has experienced a slight decline today, it has significantly outperformed the market over the past year, achieving a return of 53.18% compared to the BSE500's negative return of -2.29%. This indicates that investor sentiment remains relatively strong despite the recent price movement. However, the stock's high valuation, indicated by a ROCE of 168.2 and a PEG ratio of 0.2, may raise concerns among investors about its sustainability. Overall, while the stock is currently facing a minor setback, its robust growth metrics and historical performance suggest a resilient position in the market.