Why is Panth Infinity falling/rising?

As of 11-Jul, Panth Infinity Ltd's stock price is currently at 8.11, reflecting an increase of 0.11 or 1.37%. The stock has shown a positive performance today, outperforming its sector by 1.16%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Over the past year, the stock has generated a return of 14.71%, significantly higher than the market average, while its profits have surged by 193%. The company has also reported positive results for the last three consecutive quarters, with a notable growth in profit after tax (PAT) of 403.85%. However, there has been a decline in investor participation, with delivery volume dropping by 73.24% against the 5-day average.
In the broader market context, the stock's short-term performance over the past week shows a decline of 0.61%, while the benchmark Sensex has fallen by 1.12%, indicating that Panth Infinity has outperformed the market in this timeframe. Despite the recent drop in investor participation, the stock's attractive valuation, with a price-to-book value of 1.1 and a PEG ratio of 0.1, suggests it is trading at a discount compared to its peers. The majority of shareholders being non-institutional may also influence the stock's stability and performance. Overall, the combination of strong financial results and a favorable valuation supports the stock's recent upward movement, despite some short-term volatility.