Why is HPL Electric falling/rising?

As of 15-Jul, HPL Electric & Power Ltd's stock is currently priced at 626.10, reflecting a slight increase of 0.4 (0.06%). The stock has shown strong performance recently, gaining 4.38% over the last two days and outperforming the benchmark Sensex in the 1-week and 1-month periods with returns of +10.11% and +15.28%, respectively. The company has consistently reported positive results, including a remarkable 171.72% growth in net profit and positive results for the last seven consecutive quarters. Additionally, the stock is trading above all key moving averages and has seen a significant increase in delivery volume, indicating rising investor participation.
In the broader market context, while the Sensex has declined by 1.36% over the past week, HPL Electric has managed to thrive, showcasing its resilience and attractiveness compared to the market. The stock's strong returns over the past three years, coupled with a favorable PEG ratio of 0.4 and a low debt-equity ratio of 0.70, suggest that it is undervalued relative to its peers. This combination of solid financial performance and positive market sentiment has contributed to the stock's upward movement, despite a slight underperformance against its sector today.