Why is Incredible Indus falling/rising?

As of 24-Sep, Incredible Industries Ltd is experiencing a slight increase in its stock price, currently at 47.10, reflecting a change of 0.2, or 0.43% upward. The stock has shown positive performance recently, gaining 2.28% over the last two days and outperforming its sector by 0.56%. Despite a recent decline in investor participation, with delivery volume dropping by 78.73% against the five-day average, the stock remains above its moving averages across various time frames. The company has reported strong financial results over the last four quarters, with a significant growth in profit after tax and profit before tax, contributing to its attractive valuation and consistent returns over the past three years.
In the broader market context, Incredible Industries Ltd has outperformed the Sensex in the one-month period, with a return of 18.94% compared to the benchmark's 0.50%. However, in the one-week period, the stock has slightly underperformed the Sensex, which fell by 1.18%. Despite this, the company's strong fundamentals, including a low PEG ratio and substantial profit growth, support its recent price movement and indicate a positive outlook compared to its peers.