Why is PPAP Automotive falling/rising?

As of 30-Jul, PPAP Automotive Ltd is experiencing a price increase, with its current price at 257.05, reflecting a change of 0.95 (0.37%) upward. The stock has shown strong performance, outperforming its sector by 0.5% today and trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has risen by 4.83%, and in the last month, it has increased by 6.66%. The company has reported positive financial results for the last three consecutive quarters, with significant growth in profit after tax and net sales, contributing to a favorable valuation relative to its peers. However, there has been a decline in investor participation, with delivery volume falling by 42.26% against the 5-day average.
In the broader market context, while the BSE500 index has generated negative returns of -2.34% over the past year, PPAP Automotive has managed to achieve a return of 21.42%, indicating its resilience in a challenging market environment. This performance is particularly notable given that the Sensex has declined by 1.50% in the last week and 2.54% in the last month. The stock's ability to maintain a positive trajectory despite broader market challenges highlights its strong fundamentals and investor confidence, although the drop in delivery volume may suggest some caution among investors.