Why is RattanIndia Pow. falling/rising?

As of 27-Jun, RattanIndia Power Ltd's stock price is currently at 14.40, reflecting an increase of 0.29 or 2.06%. The stock has been on an upward trend, gaining for the last four consecutive days with a total return of 5.96% during this period. It has outperformed its sector by 1.07% today and is trading above all key moving averages, indicating strong momentum. Despite a significant drop in delivery volume by 26.3% compared to the five-day average, the stock remains liquid enough for trading. Over the past week, RattanIndia Power has shown a return of 3.67%, which is notably higher than the Sensex's 2.00% increase, and it has also performed well over the past month with a return of 29.85% compared to the Sensex's 3.07%.
The positive performance of RattanIndia Power can be attributed to its impressive financial results, including a remarkable 2808.55% growth in net profit and consistent positive results over the last five quarters. The company's operating profit to interest ratio is at its highest, and net sales have reached a record high, contributing to a very attractive valuation. Despite a year-over-year decline of 15.09% in stock returns, the company's profits have surged by 112.8%, resulting in a favorable PEG ratio of 0.3. This combination of strong financial performance and attractive valuation metrics has likely bolstered investor confidence, contributing to the stock's recent rise.