Why is RattanIndia Pow. falling/rising?

As of 01-Jul, RattanIndia Power Ltd's stock price is rising, currently at 15.82, with a change of 0.3, representing a 1.93% increase. The stock has been on an upward trend, gaining for the last six days and achieving a total return of 16.41% during this period. It has outperformed its sector by 2.12% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has seen a significant increase in investor participation, with delivery volume rising by 215.18% against the 5-day average. Despite a year-over-year return of -9.86%, the company has reported impressive financial results, including a 2808.55% growth in net profit and positive results for the last five consecutive quarters, which have contributed to the stock's recent upward movement.
In the broader market context, RattanIndia Power Ltd has significantly outperformed the benchmark Sensex over the past week and month, with returns of 13.49% and 39.26%, respectively, compared to the Sensex's 2.00% and 2.76%. This strong performance indicates a favorable sentiment towards the stock relative to the overall market. The company's attractive valuation, evidenced by a low PEG ratio of 0.3 and a high operating profit to interest ratio, further supports the stock's rise. Overall, the combination of strong financial performance, positive market sentiment, and increased trading activity has led to the stock's upward trajectory.