Why is Danube Industrie falling/rising?

As of 11-Sep, Danube Industries Ltd is experiencing a price increase, currently at 5.00, with a change of 0.22, representing a 4.6% rise. The stock has shown a positive trend today, outperforming its sector by 4.42% and reversing a two-day decline. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past month, the stock has gained 19.90%, significantly outperforming the Sensex, which increased by only 1.17%. Additionally, the company has reported positive results for the last three consecutive quarters, with net sales growing by 22.88% and a profit after tax of Rs 0.90 crore. Despite a decline in delivery volume, the stock remains liquid enough for trading.
In the broader market context, while the BSE500 has generated negative returns of -2.29% over the past year, Danube Industries has managed to achieve a remarkable return of 23.15%. This performance highlights the stock's resilience compared to the benchmark. The company's attractive valuation, characterized by a low enterprise value to capital employed ratio and a PEG ratio of 7.5, further supports its upward movement. Overall, the combination of strong financial results, positive market performance, and favorable trading conditions contributes to the stock's rising price.