Why is JMJ Fintech falling/rising?

As of 08-Jul, JMJ Fintech Ltd's stock price is rising, currently at Rs 38.60, reflecting an increase of 1.82 or 4.95%. The stock has shown strong performance today, outperforming its sector by 5% and has been on a consecutive gain streak for the last five days, accumulating a total return of 12.54% in that period. It opened with a gain of 4.95% and reached an intraday high of Rs 38.60. Additionally, JMJ Fintech is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock's liquidity is also favorable, with a significant increase in delivery volume, which rose by 309.38% compared to the 5-day average. The company has demonstrated consistent positive results over the last six quarters, with net sales growing by 101.20% and profits rising by 141.6% over the past year, contributing to its attractive valuation.
In the broader market context, JMJ Fintech's short-term return of 12.54% over the past week significantly outpaces the Sensex, which has only increased by 0.02% during the same period. This strong performance is indicative of the company's robust fundamentals and market confidence, as reflected in its impressive returns of 82.08% over the past year and 208.80% over the last three years, outperforming the broader market indices. The stock's favorable PEG ratio of 0.1 and a return on equity of 21.9 further enhance its appeal to investors, suggesting that the stock is not only growing but doing so at a reasonable valuation compared to its peers.