Why is C P C L falling/rising?

As of 11-Nov, Chennai Petroleum Corporation Ltd (CPCL) is experiencing a price increase, currently at 1,031.95, reflecting a rise of 32.8 points or 3.28%. The stock has shown strong performance today, outperforming its sector by 2.77% and reaching an intraday high of Rs 1,035.35. Over the past week, CPCL has gained 5.09%, and its one-month return stands at an impressive 28.43%. The company has demonstrated robust financial health, with a high return on capital employed (ROCE) of 19.00% and significant growth in net sales and operating profit. Despite a recent decline in delivery volume, the stock remains liquid enough for trading, and it is trading above all key moving averages, indicating positive momentum.
In the broader market context, CPCL's short-term performance significantly outpaces the benchmark Sensex, which has only increased by 0.49% over the same week. The stock's year-to-date return of 64.69% also highlights its strong market position compared to the Sensex's 7.34% increase. CPCL's attractive valuation, as indicated by its low PEG ratio of 0.2 and its ranking among the top companies by MarketsMojo, further supports its rising stock price. However, it is important to note the risk associated with its high debt-to-EBITDA ratio of 4.07 times, which could impact its financial stability in the long run.