Why is Ganesha Ecosphe. falling/rising?

As of 11-Aug, Ganesha Ecosphere Ltd's stock price is currently at 1,456.40, reflecting an increase of 45.25, or 3.21%. The stock has shown positive momentum recently, gaining for two consecutive days with a total return of 4.94% during this period. It opened with a 2% gain today and reached an intraday high of Rs 1487, indicating strong short-term performance. Despite this, the stock has underperformed over the past week and month, with returns of -0.29% and -2.39%, respectively. The company has demonstrated healthy growth, with operating profit increasing at an annual rate of 28.35%, and it has reported positive results for the last five consecutive quarters, including a significant growth in net sales and profit after tax.
In the broader market context, Ganesha Ecosphere's performance has been relatively better compared to the benchmark Sensex, which has declined by 0.51% over the past week and 2.30% over the past month. While the stock's year-to-date return is notably negative at -27.66%, it has outperformed the Sensex's positive return of 3.15% during the same period. The company's low debt-to-equity ratio and strong growth metrics suggest a solid foundation, yet its high valuation relative to peers and a PEG ratio of 0.3 indicate potential concerns for investors. Overall, while the stock is currently rising, its long-term performance remains a point of caution.