Why is PPAP Automotive falling/rising?

As of 11-Jun, PPAP Automotive Ltd's stock is currently priced at 255.75, reflecting an increase of 13.35 or 5.51%. The stock has shown strong performance recently, with a 1-week return of 5.79% and a remarkable 57.14% increase over the past month. It is also trading close to its 52-week high, just 1.76% away from Rs 260.25. Despite a decrease in delivery volume by 44.05% against the 5-day average, the stock is outperforming its sector by 5.18% today and is trading above all major moving averages. The company has reported positive financial results over the last three consecutive quarters, with significant growth in profit after tax and net sales, contributing to its attractive valuation compared to peers.
In the broader market context, PPAP Automotive's performance has outpaced the benchmark, with a 1-year return of 26.27% compared to the BSE 500's 5.98%. This strong performance indicates that the stock is not only gaining traction due to its solid financial results but is also benefiting from a favorable comparison to the overall market. The company's robust growth metrics, including a 167.06% increase in PAT and a PEG ratio of 0.3, suggest that it is well-positioned for continued investor interest, despite the recent decline in investor participation.