Why is PPAP Automotive falling/rising?

As of 16-Sep, PPAP Automotive Ltd's stock price is currently at 216.20, reflecting an increase of 4.2, or 1.98%. The stock has shown a performance today that outperformed its sector by 1.01%. However, it is important to note that while the stock is trading higher than its 5-day and 200-day moving averages, it remains below its 20-day, 50-day, and 100-day moving averages. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 83.07% compared to the 5-day average. Despite these challenges, the company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 55.13%, and a PEG ratio of 0.5 suggests it is trading at an attractive valuation compared to its peers.
In the broader market context, PPAP Automotive's short-term return of +1.15% over the past week is slightly below the benchmark Sensex's return of +1.58%. Over the past month, the stock's return of +0.09% also lags behind the Sensex's +2.21%. Year-to-date, the stock has underperformed with a return of -2.83% compared to the Sensex's +5.43%. Despite these underwhelming short-term performances, the stock's return of 1.77% over the past year contrasts positively with the Sensex's -0.73%, indicating some resilience. The majority shareholders being promoters may also provide a level of stability in the stock's performance.