Why is Inspirisys Sol. falling/rising?

As of 14-Jul, Inspirisys Solutions Ltd is experiencing a price increase, currently at 107.65, reflecting a change of 0.65 or 0.61% upward. The stock has shown positive momentum, gaining for the last three days and achieving a total return of 4.11% during this period. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, the stock has outperformed its sector by 1.64%. Despite a year-to-date decline of 4.27% and a one-year drop of 20.26%, the company has reported significant improvements in profitability, with a 133.5% growth in PAT and a 224.4% increase in profits over the past year, contributing to a favorable PEG ratio of 0.1 and an attractive valuation compared to peers.
In the broader market context, Inspirisys Solutions Ltd's short-term performance contrasts with the benchmark Sensex, which has declined by 1.42% over the past week while the stock itself has only slightly decreased by 0.09%. This suggests that the stock is showing relative strength compared to the overall market. The rising investor participation, evidenced by a substantial increase in delivery volume, further supports the stock's positive movement. Overall, the combination of strong financial results, attractive valuation metrics, and positive market sentiment appears to be driving the stock's recent upward trajectory.