Why is Krishanveer Forg falling/rising?

As of the latest available data, the stock of Krishanveer Forg is experiencing a positive movement, with a return of +2.31% over the past week. Although today's price summary data is not available, the stock has shown a strong performance in the past month, increasing by +5.70%, and a significant year-to-date return of +36.49%. Despite a slight decline of -0.04% over the past year, the company's profits have risen by 29.9%, indicating a healthy underlying performance. The stock is currently trading at a premium compared to its peers, with a Price to Book Value of 3.7 and a PEG ratio of 0.9, suggesting fair valuation. Additionally, the company maintains a low Debt to Equity ratio, which is favorable for its financial stability.
In the broader market context, the stock's short-term return of +2.31% over the past week outperforms the benchmark Sensex, which has increased by +1.58% during the same period. This trend is consistent with the stock's performance over the past month and year-to-date, where it has also outperformed the Sensex. The strong returns over the longer term, such as +249.20% over three years and +433.65% over five years, further highlight the stock's resilience and attractiveness to investors, especially in comparison to the benchmark's returns of +40.01% and +109.60%, respectively.