Why is HPL Electric falling/rising?

As of 08-Jul, HPL Electric & Power Ltd's stock price is currently at 568.60, reflecting an increase of 3.75 or 0.66%. Today's price summary indicates that the stock has outperformed its sector by 0.65% and has experienced a trend reversal, gaining after two consecutive days of decline. Although the stock's delivery volume has decreased by 35.94% compared to the 5-day average, it remains liquid enough for trading. Over the past year, the stock has generated a return of 16.39%, significantly outpacing the benchmark Sensex, which has only increased by 4.69%. The company's strong financial performance, including a 171.72% growth in net profit and positive results for the last seven consecutive quarters, contributes to its favorable valuation and recent price movement.
In the broader market context, the stock's short-term performance has been slightly negative, with a 1-week return of -0.80%, while the Sensex has seen a marginal increase of 0.02%. Despite this, HPL Electric's long-term performance remains robust, with a staggering 841.39% increase over the past three years. The company's attractive valuation, evidenced by a low PEG ratio of 0.3 and a high return on capital employed (ROCE) of 14.2, suggests that it is trading at a discount compared to its peers. This combination of consistent returns and strong financial metrics supports the stock's recent upward movement, despite some short-term volatility.