Why is Paradeep Phosph. falling/rising?

As of 08-Jul, Paradeep Phosphates Ltd's stock price is currently at 160.90, reflecting an increase of 1.95, or 1.23%. Today's price summary indicates that the stock has outperformed its sector by 2.29% and has experienced a trend reversal, gaining after two consecutive days of decline. Despite a recent drop in delivery volume by 29.88% against the five-day average, the stock remains liquid enough for trading. Over the past week, Paradeep Phosphates has shown a modest gain of 0.91%, while its one-month performance is down by 6.29%. However, the stock has demonstrated impressive long-term growth, with a year-to-date return of 45.02% and a one-year return of 76.35%. The company's strong fundamentals, including a 144.43% growth in profit after tax and a 57.08% increase in net sales over the last six months, contribute positively to its recent price movement.
In the broader market context, Paradeep Phosphates has outperformed the Sensex, which has only seen a 0.02% increase over the past week and a 1.85% rise over the past month. The stock's high institutional holdings at 31.62% suggest confidence from sophisticated investors, which can positively influence retail investor sentiment. However, the stock's valuation appears expensive with a high enterprise value to capital employed ratio, and while it has generated significant returns, its profits have risen dramatically, leading to a low PEG ratio of 0.1. This combination of strong performance metrics and investor confidence, despite some valuation concerns, is likely driving the stock's recent upward movement.