Why is PTC India falling/rising?

As of 19-Aug, PTC India Ltd's stock price is currently at Rs 191.85, reflecting an increase of Rs 6.35 or 3.42%. The stock has shown a positive trend today, having outperformed its sector by 2.69% and reversing a two-day decline. It reached an intraday high of Rs 192.45, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a significant drop in delivery volume by 45.95% compared to the 5-day average, the stock's high dividend yield of 10.48% and strong financial metrics, such as a low debt-equity ratio of 0.51 and a high return on capital employed (ROCE) of 12.95%, contribute positively to its valuation. Additionally, institutional holdings have increased by 3.08%, indicating confidence from larger investors.
In the broader market context, PTC India has outperformed the Sensex over the past week, with a return of 3.28% compared to the benchmark's 1.76%. Year-to-date, the stock has delivered a remarkable return of 32.26%, significantly higher than the Sensex's 4.49%. Although the stock has experienced a decline of 8.03% over the past year, its profits have risen by 28.3%, suggesting that the recent price increase may be driven by improving fundamentals and attractive valuations compared to peers. Overall, the combination of strong financial performance, institutional support, and favorable market conditions appears to be driving the stock's upward movement.