Why is PTC India Fin falling/rising?

As of 15-Jul, PTC India Financial Services Ltd is experiencing a price increase, currently at 43.00, reflecting a rise of 0.92 or 2.19%. The stock has been on an upward trend, gaining for the last five days with a total return of 5.65% during this period. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Additionally, the stock has shown a significant increase in investor participation, with delivery volume rising by 66.92% compared to the 5-day average. Positive financial results, including a low debt-equity ratio of 1.04 times and substantial growth in profit before tax and profit after tax, have contributed to its attractive valuation, further supporting the stock's recent upward movement.
In the broader market context, PTC India Financial Services Ltd has outperformed the benchmark Sensex over the past week, where the stock gained 5.65% while the Sensex declined by 1.36%. However, it has underperformed on a year-to-date basis, with a slight decline of 0.09% compared to the Sensex's gain of 5.67%. Despite a significant drop of 23.16% over the past year, the company's profits have increased by 35%, leading to a favorable PEG ratio of 0.4, which suggests that the stock is undervalued relative to its earnings growth potential. This combination of strong recent performance and positive financial indicators has likely contributed to the stock's rising price.