Why is Infibeam Avenues falling/rising?

As of 23-Sep, Infibeam Avenues Ltd is experiencing a price increase, currently at 16.62, reflecting a change of 0.37 or 2.28% upward. The stock has outperformed its sector today by 2.87%, and its performance over the past week shows a gain of 2.78%, while it has increased by 4.46% over the past month. However, despite these short-term gains, the stock has faced significant declines over the longer term, with a year-to-date drop of 36.18% and a one-year decline of 41.66%. The company has demonstrated strong fundamentals, including a low debt-to-equity ratio and consistent positive results over the last 16 quarters, with impressive growth in net sales and operating profit. This suggests that while the stock is currently rising, it has been undervalued compared to its peers, which may attract investor interest.
In the broader market context, the Sensex has shown a slight decline of 0.34% over the past week, while Infibeam Avenues has managed to gain, indicating a relative strength against the benchmark. The stock's liquidity remains adequate, although there has been a decrease in investor participation, as evidenced by a drop in delivery volume. This could suggest that while the stock is gaining traction, the overall market sentiment may still be cautious. The company's attractive valuation metrics, including a price-to-book value of 1.2 and a return on equity of 6, further support the notion that the stock may be poised for recovery, despite its historical underperformance.