Why is PG Electroplast falling/rising?

As of 16-Jul, PG Electroplast Ltd's stock price is currently at 827.80, reflecting an increase of 18.95 or 2.34%. The stock has been on an upward trend, gaining for the last three days and achieving a total return of 7.95% during this period. It has outperformed its sector by 0.48% today and has consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the company has shown impressive long-term growth, with net sales increasing at an annual rate of 64.31% and a net profit growth of 104.48%. The positive results over the last 13 consecutive quarters, along with a strong cash position and a low debt-equity ratio, have contributed to the stock's recent performance.
In the broader market context, PG Electroplast's short-term return of 5.02% over the past week stands in stark contrast to the Sensex, which has declined by 1.08% during the same period. This indicates that PG Electroplast is not only performing well relative to its own historical performance but also significantly outperforming the broader market. The stock's substantial returns over the last year, at 127.67%, further highlight its resilience and attractiveness to investors, especially in light of the overall market's modest growth of 5.75% year-to-date.