Why is Globalspace Tech falling/rising?

As of 30-Sep, Globalspace Technologies Ltd is experiencing a price increase, with its current price at Rs 18.66, reflecting a rise of 1.69 or 9.96%. The stock has shown strong performance recently, outperforming its sector by 10.19% today and achieving a consecutive gain over the last two days, with a total return of 15.54% in that period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Despite a year-over-year return of -2.05%, the company has seen a significant profit increase of 43%, contributing to a favorable PEG ratio of 0.5, which suggests attractive valuation relative to its earnings growth potential. However, it is important to note the weak long-term fundamental strength indicated by a -17.86% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 2.65 times.
In the broader market context, Globalspace Technologies Ltd has significantly outperformed the Sensex, which has declined by 2.23% over the past week while the stock rose by 21.17%. This stark contrast highlights the stock's resilience and investor interest, particularly in light of the increased delivery volume, which surged by 161.96% compared to the 5-day average. The stock's liquidity is also favorable, allowing for adequate trading activity. Overall, while the stock has faced challenges in the long term, its recent performance and positive valuation metrics have attracted investor attention, contributing to its rising price.