Why is Maheshwari Logi. falling/rising?

As of 10-Sep, Maheshwari Logistics Ltd is experiencing a price increase, currently at 62.79, reflecting a rise of 4.06 or 6.91%. The stock has outperformed its sector today by 6.57%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 45.06% compared to the 5-day average. Despite a year-over-year return of -5.88%, the company's profits have increased by 35.7%, and it boasts a favorable PEG ratio of 0.3, indicating attractive valuation compared to peers.
In the broader market context, Maheshwari Logistics Ltd has shown a short-term return of +6.51% over the past week, significantly outperforming the Sensex, which only increased by 1.04% during the same period. This positive momentum in the stock price can be attributed to strong financial results, including a notable growth in profit before tax and a high return on capital employed. While the stock has struggled over longer periods, the recent performance suggests a potential turnaround, supported by solid fundamentals and increased investor interest.