Why is Escorts Kubota falling/rising?

As of 20-Aug, Escorts Kubota Ltd is experiencing a price increase, with its current price at 3,622.60, reflecting a rise of 24.6 or 0.68%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its price movement. Over the past week, the stock has gained 6.97%, significantly outperforming the Sensex, which rose by only 1.64%. However, there has been a notable decline in investor participation, with delivery volume dropping by 43.28% compared to the 5-day average. Despite this, the company has a low debt-to-equity ratio and has reported strong operating cash flow and profit margins, which contribute positively to its valuation.
In the broader market context, the stock's performance over the year shows a decline of 3.43%, contrasting with the Sensex's gain of 1.31%. Year-to-date, Escorts Kubota has outperformed the benchmark with an 8.90% increase compared to the Sensex's 4.76%. The stock is currently trading at a discount to its peers, which may attract investors looking for value, despite its expensive valuation indicated by a 3.9 price-to-book ratio. The company's strong fundamentals, including a high rating from MarketsMojo and significant profit growth, suggest potential for recovery, even as it faces challenges with declining delivery volumes and a relatively high PEG ratio of 0.7.