Why is Forbes & Co falling/rising?

As of 21-Jul, Forbes & Company Ltd's stock price is currently at 462.00, reflecting an increase of 1.2, or 0.26%. Despite opening the day with a loss of 4.07% and touching an intraday low of Rs 442.05, the stock has shown resilience by outperforming its sector by 0.39%. Over the past week, the stock has gained 6.93%, while its one-month return stands at 9.34%. The company has demonstrated strong financial performance, with a net profit growth of 1091.99% and positive results for the last three consecutive quarters, contributing to a favorable outlook despite its year-to-date return of -1.68% and a one-year decline of 24.23%. The stock is also trading above its moving averages, indicating a potential upward trend.
In the broader market context, Forbes & Company Ltd has significantly outperformed the Sensex over the past week and month, while the benchmark has shown minimal movement, with a return of -0.06% for the week and -0.25% for the month. This contrast highlights the stock's relative strength in a stagnant market. However, the stock's year-to-date performance remains under pressure compared to the Sensex's positive return of 5.20%. The company's low Debt to EBITDA ratio of 0.92 times and a PEG ratio of 0 suggest a fair valuation and strong ability to service debt, which may support investor confidence moving forward.