Why is Assoc.Alcohols falling/rising?

As of 11-Jul, Associated Alcohols & Breweries Ltd's stock price is currently at 1,205.30, reflecting an increase of 33.3 points or 2.84%. The stock has shown a positive trend today, outperforming its sector by 4.04% and reversing a two-day decline. It reached an intraday high of Rs 1244.95, indicating strong buying interest. Over the past week, the stock has gained 0.44%, while its one-month performance shows a significant increase of 10.28%. The company has reported positive financial results over the last four quarters, with a 95.08% growth in profit after tax and a 31.48% increase in net sales, contributing to its attractive valuation and strong performance compared to peers.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has declined by 1.12% over the past week. Year-to-date, Associated Alcohols has outperformed the market with a return of 9.57% compared to the Sensex's 5.58%. Despite a recent drop in investor participation, as indicated by a 66.15% decrease in delivery volume, the stock remains liquid enough for trading. The company's low debt-to-equity ratio and favorable PEG ratio of 0.6 further support its strong market position, making it an attractive option for investors amidst a generally challenging market environment.