Why is Panth Infinity falling/rising?

As of 24-Jul, Panth Infinity Ltd's stock price is rising, currently at 8.65, reflecting an increase of 0.82 or 10.47%. The stock has shown strong performance recently, outperforming its sector by 11.03% today and achieving consecutive gains over the last two days with a total return of 11.47%. Over the past week, the stock has risen by 10.90%, and in the last month, it has increased by 16.11%. The company has reported positive results for the last three consecutive quarters, with a significant profit after tax of Rs 1.26 crore and a return on equity of 7.6, indicating a very attractive valuation. Additionally, the stock is trading at a discount compared to its peers, and its one-year return of 24.82% far exceeds the market's average return of 0.99%.
In the broader market context, while the Sensex has shown a slight decline of 0.09% over the past week, Panth Infinity's strong performance stands out, particularly given its year-to-date return of 8.13% compared to the Sensex's 5.18%. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 27.93% against the five-day average, which could indicate a potential concern for future trading activity. Despite this, the stock's liquidity remains sufficient for trading, and its positive financial indicators suggest a robust outlook, contributing to its rising price.