Why is Authum Invest. falling/rising?

As of 08-Jul, Authum Investment & Infrastructure Ltd is experiencing a slight increase in its stock price, currently at 2,667.10, reflecting a change of 2.1 (0.08%) upward. The stock has been gaining momentum, having risen 4.18% over the last two days and is currently trading close to its 52-week high, just 2.78% away from Rs 2,741.25. It is performing well against its moving averages, trading higher than the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Despite a notable decline in delivery volume by 42.89% compared to the 5-day average, the stock's strong long-term fundamentals, including a high return on equity (ROE) of 34.81% and significant growth in net sales and operating profit, contribute positively to its recent price movement.
In the broader market context, Authum Investment has outperformed the Sensex significantly, with a 1-week return of 7.13% compared to the benchmark's 0.02%. Over the past year, the stock has generated a remarkable return of 131.16%, while the Sensex has only increased by 4.69%. This consistent outperformance over various periods, including a staggering 1,679.25% return over three years, indicates strong investor confidence. The stock's fair valuation, trading at a discount relative to its peers, along with a low PEG ratio of 0.2, suggests that it remains an attractive investment despite the recent drop in investor participation.