Why is D.P. Abhushan falling/rising?

As of 15-Jul, D.P. Abhushan Ltd's stock price is rising, currently at 1,550.10, reflecting an increase of 45.1 or 3.0%. The stock has outperformed its sector today by 1.82% and has shown consecutive gains over the last two days, rising 4.1% during this period. It reached an intraday high of Rs 1570.75, indicating strong performance. The stock has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Positive factors contributing to this rise include healthy long-term growth, with net sales increasing at an annual rate of 28.40% and operating profit growing at 36.48%. The company has consistently declared positive results for the last nine quarters, with significant growth in profit before tax and net sales.
In the broader market context, D.P. Abhushan has generated a return of 17.48% over the past year, significantly outperforming the BSE500 benchmark, which returned only 0.37%. In the short term, the stock has also outperformed the benchmark, with a 6.79% increase over the past week compared to a decline of 1.36% in the Sensex. However, despite these positive indicators, there are concerns regarding the company's valuation, as indicated by its high ROCE of 29.8 and a PEG ratio of 0.4, suggesting that the stock may be considered expensive relative to its growth. Additionally, the lack of domestic mutual fund investment may indicate caution among institutional investors regarding the stock's current price.