Why is Panth Infinity falling/rising?

As of 29-Jul, Panth Infinity Ltd's stock price is currently at Rs. 12.31, reflecting an increase of 0.53 or 4.5%. The stock has recently hit a new 52-week high of Rs. 12.77 and has been on a positive trajectory, gaining 58.63% over the past week and 66.35% over the past month. This upward movement is supported by strong performance metrics, including a significant rise in net profit by 2186.67% and consistent positive results over the last four quarters. The stock is also trading above its moving averages and has seen a notable increase in investor participation, with delivery volume rising by 248.07% compared to the five-day average.
In the broader market context, while the BSE500 index has experienced negative returns of -2.26% over the past year, Panth Infinity has outperformed significantly with a return of 79.18%. This stark contrast highlights the stock's resilience and attractiveness, especially given its low PEG ratio of 0 and a return on equity of 26.2, indicating strong profitability relative to its valuation. The stock's performance has been bolstered by its liquidity and the fact that it is trading at a discount compared to its peers, further enhancing its appeal to investors.