Why is PNB Gilts falling/rising?

As of 16-Jul, PNB Gilts Ltd's stock price is currently at Rs 101.07, reflecting an increase of Rs 1.59 or 1.6%. The stock has shown a positive trend recently, gaining 6.52% over the last three days and outperforming its sector by 1.83% today. It reached an intraday high of Rs 102.45, indicating strong investor interest, as evidenced by a significant rise in delivery volume, which increased by 99.39% compared to the five-day average. Despite a year-to-date decline of 6.89% and a one-year drop of 23.75%, the company's profits have surged by 251.3%, contributing to a favorable PEG ratio of 0 and a valuation that is attractive compared to peers.
In the broader market context, PNB Gilts has outperformed the Sensex over the past week with a return of 5.39% compared to the benchmark's decline of 1.08%. However, the stock's long-term performance remains concerning, with a negative return of 23.75% over the past year and underperformance against the BSE500 in various time frames. The lack of domestic mutual fund investment, which stands at 0%, suggests a lack of confidence in the stock's long-term fundamentals, despite its recent positive financial results. This mixed sentiment reflects the challenges the company faces in sustaining its recent gains amidst broader market trends.