Why is Mallcom (India) falling/rising?

As of 22-Jul, Mallcom (India) Ltd's stock price is rising, currently at 1,303.00, reflecting an increase of 38.0 or 3.0%. Today's price summary indicates that the stock has outperformed its sector by 2.69% and has shown a trend reversal after two consecutive days of decline. It opened with a gain of 2.53% and reached an intraday high of Rs 1339.4, marking a 5.88% increase. Over the past week, the stock has gained 3.02%, contrasting with the Sensex's decline of 0.47%. Despite a year-to-date drop of 15.03%, the stock's profits have risen significantly by 58.2%, and it is trading at a discount compared to its peers, which may contribute to the positive sentiment around its recent price movement. In the broader market context, while Mallcom's short-term performance has been strong, the benchmark Sensex has experienced a slight decline of 0.47% over the same period. This divergence suggests that investor interest in Mallcom may be driven by its solid fundamentals, including a low Debt to EBITDA ratio of 0.69 times and a favorable PEG ratio of 0.2, indicating potential for growth relative to its valuation. The rising investor participation, evidenced by a 33.71% increase in delivery volume, further supports the stock's upward movement, highlighting a positive outlook among investors despite the broader market's challenges.