Why is India Motor Part falling/rising?

As of 27-Jun, India Motor Parts & Accessories Ltd is experiencing a price increase, with the current price at 1,174.95, reflecting a rise of 21.6 or 1.87%. The stock has shown strong performance recently, gaining 11.01% over the last four days and outperforming its sector by 2.49% today. Additionally, the stock has positive momentum as it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a significant drop in delivery volume by 92.82% compared to the 5-day average, the company maintains a low debt-to-equity ratio and an attractive valuation with a price-to-book value of 0.6, contributing to its recent upward movement.
In the broader market context, the stock has outperformed the Sensex over the past week and month, with returns of 10.43% and 12.65%, respectively, compared to the benchmark's 2.00% and 3.07%. However, year-to-date, the stock is down 4.51%, while the Sensex has risen by 7.58%. This indicates that while the stock is currently gaining, it has struggled in the longer term compared to the broader market. The company's return on equity of 3.1 and a PEG ratio of 1.1 suggest that its profits are increasing, which may help sustain investor interest despite the recent fluctuations in trading volume.