Why is Panth Infinity falling/rising?

As of 15-Jul, Panth Infinity Ltd's stock price is currently at 8.14, reflecting an increase of 0.16 or 2.01%. The stock has outperformed its sector today by 1.44%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 0.74%, while it has shown a significant return of 16.62% over the past year, far exceeding the BSE500 market return of 0.37%. Despite a recent decline in investor participation, with delivery volume falling by 16.07% against the 5-day average, the company has reported positive results for the last three consecutive quarters, with a profit after tax of Rs 1.26 crore and a remarkable 193% increase in profits over the past year.
In the broader market context, while the Sensex has declined by 1.36% over the past week, Panth Infinity's positive performance indicates a strong relative strength against the benchmark. The stock's attractive valuation, with a price-to-book value of 1.1 and a PEG ratio of 0.1, suggests that it is trading at a discount compared to its peers, which may contribute to investor interest. Additionally, the majority of shareholders being non-institutional could imply a stable ownership structure that supports the stock's upward movement. Overall, the combination of strong financial performance and favorable valuation metrics has contributed to the stock's rising price.