Why is Anlon Tech falling/rising?

As of 17-Sep, Anlon Technology Solutions Ltd is experiencing a price increase, currently at 469.95, reflecting a rise of 16.8 or 3.71%. Today's price summary indicates that the stock has outperformed its sector by 1.51%. It is trading above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is below its 5-day moving average. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 19.57% compared to the 5-day average. Over the past month, the stock has shown a strong performance with a return of 14.12%, significantly outperforming the Sensex, which returned 2.84%. The company boasts high management efficiency with a return on equity of 23.54%, a low debt-to-equity ratio of 0.06, and impressive growth in net sales and operating profit, which have increased at annual rates of 36.80% and 69.80%, respectively.
In the broader market context, the stock's performance has been favorable compared to the benchmark, as it has generated a return of 12.39% over the past year while the BSE500 index has seen negative returns of -2.63%. This indicates that Anlon Technology Solutions Ltd has managed to maintain a strong position despite broader market challenges. However, the stock is considered expensive with a price-to-book value of 5, and while profits have risen by 44% over the past year, the PEG ratio stands at 1.6, suggesting potential valuation concerns. Overall, the combination of strong financial performance and positive investor sentiment has contributed to the stock's recent upward movement.