Why is Danube Industrie falling/rising?

As of 18-Nov, Danube Industries Ltd is experiencing a significant rise in its stock price, currently at Rs 6.70, reflecting an increase of Rs 1.11 or 19.86%. The stock has recently hit a new 52-week high and has outperformed its sector by 20.62%. Over the past three days, it has gained 37.01%, indicating strong momentum. The stock is trading above all key moving averages and has seen a substantial increase in delivery volume, suggesting rising investor participation. Furthermore, the company has reported positive financial results over the last four quarters, with a notable increase in net sales and profits, contributing to its attractive valuation compared to peers.
In the broader market context, Danube Industries has outperformed the benchmark, with a one-week return of 37.86% compared to the Sensex's 0.96%. This trend continues over one month and year-to-date, where the stock has significantly outpaced the market averages. The company's strong performance, coupled with a low PEG ratio of 0.3 and a return on capital employed of 7.2, indicates that it is trading at a discount relative to its historical valuations. Overall, the combination of positive financial results, increased investor interest, and substantial short-term gains relative to the benchmark has contributed to the stock's rising price.