Why is Dhruv Consultanc falling/rising?

As of 15-Sep, Dhruv Consultancy Services Ltd is experiencing a price increase, with the current price at Rs 58.95, reflecting a rise of Rs 1.45 or 2.52%. The stock has shown a performance today that outperformed its sector by 2.28%, reaching an intraday high of Rs 59.5. Despite this positive movement, the stock remains 4.33% away from its 52-week low. Over the past week, the stock has gained 0.49%, but it has seen a significant decline of 7.17% over the past month and a staggering 52.07% year-to-date. Positive factors contributing to the recent price movement include a substantial growth in profit after tax (PAT) of 174.05% over the last six months and increased participation from institutional investors, who have raised their stake by 1.88%. However, the stock's long-term fundamentals remain weak, with a low return on equity (ROE) of 6.43% and poor growth in net sales and operating profit over the past five years.
In the broader market context, the stock's short-term performance has lagged behind the benchmark, with a 1-week return of 0.49% compared to the Sensex's 1.24%. This underperformance is indicative of the stock's struggles in the longer term, as it has generated a return of -55.32% over the past year, while the Sensex has only declined by 1.33%. The stock's valuation appears expensive relative to its fundamentals, reflected in a price-to-book value of 1.1 and a high PEG ratio of 3.9, suggesting that despite recent positive movements, the stock faces significant challenges in sustaining growth and attracting investor confidence in the long run.