Why is Ontic Finserve falling/rising?

As of 02-Jul, Ontic Finserve Ltd is currently priced at 0.74, showing no change (0.00%). The stock has outperformed its sector by 1.23% today, although it has experienced a decline of 3.90% over the past week. Notably, the stock is trading higher than its 50-day, 100-day, and 200-day moving averages but lower than its 5-day and 20-day moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 76.06% against the 5-day average. The company has reported positive results for the last three consecutive quarters, with a profit after tax of Rs 0.39 crore in the latest six months and a return on equity of 42.1, indicating an attractive valuation relative to its peers.
In the broader market context, while the Sensex has gained 0.79% over the past week, Ontic Finserve's performance has been negative, suggesting that the stock is underperforming compared to the benchmark in the short term. However, the stock has shown a year-to-date return of 12.12%, significantly outperforming the Sensex's 6.75% gain. Despite its recent struggles, the company’s profits have surged by 147.6% over the past year, contributing to a PEG ratio of 0, which indicates strong growth potential at a reasonable price. This combination of factors suggests that while the stock may be facing short-term challenges, its long-term outlook remains positive.