Why is Doms Industries falling/rising?

As of 19-Sep, Doms Industries Ltd is experiencing a price increase, currently at 2,632.00, reflecting a rise of 30.2 or 1.16%. The stock has outperformed its sector today by 1.53%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 1.22%, and in the last month, it has risen by 6.33%. However, despite these positive movements, there has been a notable decline in investor participation, with delivery volume falling by 43.71% compared to the 5-day average. The company benefits from strong fundamentals, including low debt and significant growth in net sales and operating profit, which have contributed to its positive performance in recent quarters.
In the broader market context, Doms Industries has outperformed the Sensex in the short term, with a 1-week return of 1.22% compared to the benchmark's 0.88%. However, it has underperformed the benchmark over the longer term, with a year-to-date return of 0.49% versus the Sensex's 5.74%. The stock's high institutional holdings at 25.32% indicate confidence from knowledgeable investors, yet its expensive valuation, as evidenced by a Price to Book Value of 15.9 and a PEG ratio of 2.5, raises concerns. Additionally, the stock's consistent underperformance against broader indices over the past three years suggests that while there are positive factors driving its current rise, there are significant risks and challenges that could impact its future performance.