Why is Indo Tech.Trans. falling/rising?

As of 13-Aug, Indo Tech Transformers Ltd is experiencing a price increase, currently at Rs 1,813.65, reflecting a rise of 86.35 (5.0%). The stock has shown strong performance today, outperforming its sector by 4.13% and achieving a consecutive gain over the last three days, with a total return of 15.45% during this period. It opened with a gain of 5% and reached an intraday high of Rs 1,813.65. Despite this positive movement, the stock has a mixed performance over the longer term, with a year-to-date decline of 37.51% and a 1-year return of -3.67%. However, the company has reported positive results for the last three consecutive quarters, with net sales reaching Rs 206.06 crore and a 22.6% growth in profit after tax, contributing to a healthy operating profit growth rate of 74.04%. The stock's fair valuation, indicated by a Price to Book Value of 6.5 and a PEG ratio of 0.8, suggests it is trading at a reasonable level compared to peers.
In the broader market context, the Sensex has shown a slight decline of 0.01% over the past week, while Indo Tech Transformers Ltd has gained 13.50% during the same period, indicating a strong relative performance against the benchmark. Despite the recent positive momentum, the stock faces challenges due to 77.79% of promoter shares being pledged, which can exert downward pressure in a falling market. Additionally, there has been a decrease in investor participation, with delivery volume falling by 3.88% against the 5-day average, which could impact future price movements. Overall, while the stock is currently rising, the underlying factors present both opportunities and risks that could influence its trajectory moving forward.