Why is Responsive Ind falling/rising?

As of 27-Jun, Responsive Industries Ltd's stock price is rising, currently at Rs 230.75, reflecting an increase of Rs 18.75 or 8.84%. The stock has shown strong performance recently, gaining 12.45% over the last three days and outperforming its sector by 9.16% today. Additionally, the stock has demonstrated impressive returns over the past week and month, with increases of 11.47% and 20.81%, respectively. Positive factors contributing to this rise include a strong ability to service debt, indicated by a low Debt to EBITDA ratio of 1.18 times, and healthy long-term growth, as evidenced by an annual operating profit growth rate of 63.05%. Furthermore, the company reported its highest quarterly net sales and operating profit figures, which may have bolstered investor confidence.
In the broader market context, while Responsive Industries Ltd has underperformed over the past year with a return of -26.47%, it has significantly outperformed the benchmark Sensex in the short term, which only increased by 2.00% over the past week. The stock's recent gains may be attributed to rising investor participation, as indicated by a 23.2% increase in delivery volume compared to the five-day average. Despite its recent positive momentum, the stock's valuation remains a concern, with a high Enterprise value to Capital Employed ratio and a PEG ratio of 1.3, suggesting it may be considered expensive relative to its earnings growth.