Why is PTC Industries falling/rising?

As of 06-Aug, PTC Industries Ltd is experiencing a price increase, currently at 15,070.00, reflecting a rise of 185.95 or 1.25%. The stock has shown strong performance today, outperforming its sector by 1.89% and has been on a gaining streak for the last two days, accumulating a total return of 2.06%. Over the past week, PTC Industries has delivered a return of 2.57%, while its year-to-date performance stands at an impressive 12.09%. The company has consistently reported positive results, including a significant growth in net sales of 82.19% and a low debt-equity ratio of 0.04 times, which contributes to investor confidence and supports the stock's upward movement.
In the broader market context, PTC Industries' recent performance contrasts sharply with the Sensex, which has declined by 1.15% over the past week. This divergence highlights the stock's resilience and strength relative to the overall market. Despite a slight decrease in investor participation, as indicated by a 5% drop in delivery volume, the stock remains liquid enough for trading. The company's substantial market capitalization of Rs 22,326 crore and its dominant position in the sector further bolster its attractiveness to investors, contributing to its rising stock price amidst a challenging market environment.