Why is PTL Enterprises falling/rising?

As of 02-Jul, PTL Enterprises Ltd is experiencing a slight increase in its stock price, currently at 46.70, with a change of 0.07 (0.15%) upward. The stock has shown strong performance recently, gaining 14.4% over the last nine days, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite underperforming its sector by 2.7% today, the stock has outperformed the benchmark Sensex over various periods, including a 13.85% increase over the past month compared to the Sensex's 2.50%. The company has also reported positive results for the last five consecutive quarters, with a significant growth in PAT and a low debt-to-equity ratio, contributing to investor confidence.
In the broader market context, PTL Enterprises' recent performance contrasts with the Sensex, which has only risen by 0.79% over the past week while the stock itself has increased by 8.60%. This indicates that PTL Enterprises is gaining traction independently of the overall market trends. Additionally, the tyre and allied sector has seen a gain of 2.51%, suggesting a favorable environment for the company. The rising investor participation, evidenced by a significant increase in delivery volume, further supports the stock's upward movement, indicating strong demand and liquidity in the market.