Why is Power Fin.Corpn. falling/rising?

As of 11-Jul, Power Finance Corporation Ltd is experiencing a price increase, currently at 430.75, reflecting a change of 1.2 (0.28%) upward. The stock has shown positive momentum, gaining 3.12% over the last two days and outperforming its sector by 1.2% today. It reached an intraday high of Rs 438.45, indicating strong trading activity, supported by a significant rise in delivery volume, which increased by 464.2% compared to the 5-day average. Despite a year-to-date decline of 3.90% and a one-year drop of 24.49%, the company has reported positive financial metrics, including the lowest debt-equity ratio at 8.25 times and the highest net sales and PBDIT for the quarter. The stock's attractive valuation, with a high dividend yield of 3.77% and a PEG ratio of 0.4, suggests that it is trading at a discount compared to its peers, which may be contributing to the recent upward movement.
In the broader market context, Power Finance Corporation Ltd has outperformed the benchmark Sensex over the past week, with a return of +4.22% compared to the Sensex's -1.12%. This short-term outperformance highlights the stock's relative strength amidst a declining market. However, it is essential to note that while the stock has shown positive short-term performance, it has underperformed the benchmark on a year-to-date basis, with the Sensex gaining 5.58% during the same period. The high institutional holdings at 35.02% suggest that knowledgeable investors are confident in the company's fundamentals, which may further support the stock's recent gains.