Why is Manoj Vaibhav falling/rising?

As of 03-Jul, Manoj Vaibhav Gems N Jewellers Ltd is experiencing a price increase, currently at 224.55, reflecting a rise of 3.05 (1.38%). The stock has outperformed its sector by 2.07% today and has shown consecutive gains over the last two days, with a total return of 2.32% during this period. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a negative return of -20.07% year-to-date, the company has reported positive financial results, including a significant increase in net sales and operating profit relative to interest, contributing to a favorable valuation with a PEG ratio of 0.5.
In the broader market context, the stock's performance over the past week shows a decline of -7.59%, while the Sensex has only decreased by -0.62%. This indicates that the stock has underperformed relative to the benchmark in the short term. However, the recent positive financial results and increased investor participation, evidenced by a 48.47% rise in delivery volume, suggest a potential turnaround, even as the stock remains under pressure compared to its historical performance and the broader market trends.