Why is Mallcom (India) falling/rising?

As of 18-Sep, Mallcom (India) Ltd's stock price is currently at Rs 1,359.15, reflecting an increase of Rs 27.25 or 2.05%. The stock has been on a positive trajectory, gaining for the last six days and achieving a total return of 5.57% during this period. It has outperformed its sector by 1.91% today and reached an intraday high of Rs 1,365. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a year-to-date decline of 11.36%, the company has shown strong profit growth of 61.8% over the past year, contributing to a favorable PEG ratio of 0.2, indicating that the stock is undervalued compared to its earnings growth potential.
In the broader market context, Mallcom's short-term performance of +5.46% over the past week significantly outpaces the Sensex, which has only increased by 1.80% in the same timeframe. This suggests that investor sentiment towards Mallcom is relatively strong despite its longer-term underperformance. However, there is a noted decline in investor participation, with delivery volume dropping by 37.51% against the 5-day average, which may indicate caution among investors. Overall, while the stock is experiencing a rise due to strong fundamentals and recent performance, the decrease in trading volume could signal potential volatility ahead.