Why is Filatex India falling/rising?

As of 08-Jul, Filatex India Ltd is currently priced at 60.60, reflecting an increase of 0.79, or 1.32%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 3.13%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 13.28% compared to the 5-day average. Despite underperforming its sector by 0.61% today, the company has demonstrated solid financial health, evidenced by a low Debt to EBITDA ratio of 0.71 times, strong profit growth, and a favorable PEG ratio of 0.9, suggesting that the stock is undervalued relative to its earnings growth.
In the broader market context, Filatex India's short-term performance over the past week shows a decline of 1.38%, while the benchmark Sensex has remained relatively flat with a slight increase of 0.02%. However, over the past month, Filatex has outperformed the Sensex, gaining 7.64% compared to the benchmark's 1.85%. This indicates that while the stock may be facing some short-term challenges, its longer-term performance remains strong, particularly with a year-over-year return of 8.72% against the Sensex's 4.69%. Overall, the stock's recent upward movement can be attributed to its solid financial metrics and increasing investor interest, despite some short-term fluctuations.