Why is PPAP Automotive falling/rising?

As of 04-September, PPAP Automotive Ltd's stock price is currently at Rs 222.30, reflecting an increase of Rs 4.35 or 2.0%. The stock has been gaining momentum, having outperformed its sector by 2.76% today and achieving a consecutive gain over the last two days with a total return of 4.02%. Despite a negative return of -10.92% over the past month, the stock has shown resilience with a 6.06% return over the past year, significantly outperforming the broader market, which has seen negative returns. The company's operating profit has grown at an impressive annual rate of 55.13%, and its attractive valuation, indicated by a PEG ratio of 0.5, suggests that the stock is trading at a discount compared to its peers.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as the Sensex has gained 0.80% over the past week while PPAP Automotive has declined by 1.55%. However, the stock's recent upward movement indicates a positive shift in investor sentiment, likely driven by rising investor participation, as evidenced by a significant increase in delivery volume. The stock's liquidity is also favorable, allowing for adequate trading activity. Overall, while the stock has faced challenges in the short term, its strong fundamentals and recent performance suggest a potential for continued growth.