Why is Data Pattern falling/rising?

As of 30-Jun, Data Patterns (India) Ltd is experiencing a price increase, currently at Rs 2,899.00, reflecting a rise of Rs 74.0 or 2.62%. Today's price summary indicates that the stock outperformed its sector by 2.36%, reaching an intraday high of Rs 2,910.45, which is a 3.02% increase. Despite a recent decline of 4.23% over the past week and a 3.46% drop over the past year, the stock has shown a strong year-to-date performance of 17.39%. The company benefits from a low debt-to-equity ratio and impressive net sales growth of 31.60% annually, alongside high institutional holdings at 20.11%, which suggests confidence from more knowledgeable investors. However, the stock is considered expensive with a high price-to-book value and a PEG ratio of 3.3, indicating potential valuation concerns.
In the broader market context, the stock's short-term performance has lagged behind the benchmark Sensex, which has gained 2.09% over the past week and 5.79% over the past year. This underperformance may reflect investor caution despite the company's strong fundamentals and growth prospects. The decline in delivery volume by 46.98% against the five-day average suggests a decrease in investor participation, which could be a factor in the stock's recent volatility. Overall, while the stock is currently rising, its mixed performance relative to the benchmark and concerns over valuation may influence future movements.