Why is Mallcom (India) falling/rising?

As of 16-Sep, Mallcom (India) Ltd's stock price is rising, currently at 1,324.55, reflecting an increase of 32.55 or 2.52%. The stock has been gaining for the last four days, with a total return of 2.89% during this period. It outperformed its sector by 2.41% today and reached an intraday high of Rs 1370.45, marking a 6.07% increase. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The company has shown a significant increase in investor participation, with delivery volume rising by 87.5% compared to the 5-day average. Despite a year-to-date decline of 13.62%, the stock's profits have risen by 61.8%, and it is trading at a discount compared to its peers, which supports its recent positive movement.
In the broader market context, Mallcom (India) has outperformed the Sensex in the short term, with a 1-week return of 2.58% compared to the benchmark's 1.58%. This indicates that the stock is gaining traction relative to the overall market. The company's low Debt to EBITDA ratio of 0.69 times and a favorable PEG ratio of 0.2 suggest strong fundamentals, which may contribute to investor confidence and support the stock's upward movement. Overall, the combination of positive stock-specific factors and a favorable comparison to the benchmark has led to the recent rise in Mallcom (India) Ltd's stock price.