Why is Ceinsys Tech falling/rising?

As of 11-Sep, Ceinsys Tech Ltd's stock price is currently at 1,691.05, reflecting an increase of 5.55 (0.33%). The stock has shown a trend reversal, gaining after two consecutive days of decline. Today's performance indicates that it has outperformed its sector by 0.67%, with a notable rise in investor participation, as evidenced by a 21.68% increase in delivery volume compared to the 5-day average. Despite a negative return of -6.31% over the past week and -0.50% over the past month, the stock has delivered impressive returns of 139.19% over the past year and 925.50% over the last three years. The company has demonstrated strong financial health with a low Debt to EBITDA ratio and significant growth in net profit, which has contributed positively to its recent stock performance.
In the broader market context, Ceinsys Tech's short-term performance has lagged behind the Sensex, which has gained 1.03% over the past week and 1.17% over the past month. While the stock has generated substantial returns over the past year, it is trading at a premium compared to its peers, with a high Price to Book Value ratio. This expensive valuation, combined with a relatively lower return on equity of 15.4, poses risks for investors. However, the company's consistent performance and ability to generate profits may provide a buffer against these risks, allowing the stock to maintain its upward movement despite broader market challenges.