Why is Rodium Realty falling/rising?

As of 20-Jun, Rodium Realty Ltd's stock price is rising, currently at Rs 213.00, reflecting an increase of Rs 4.2 or 2.01%. The stock has shown strong performance today, outperforming its sector by 0.44% and has been on a consecutive gain streak for the last two days, accumulating a total return of 6.21% during this period. The stock opened with a gain of 2.01% and reached an intraday high of Rs 213. Additionally, the company has reported impressive financial results, including a 143.79% growth in net profit and a significant increase in PAT, which has contributed positively to investor sentiment. The stock's valuation remains attractive compared to peers, with a PEG ratio of 0.8, indicating that it is trading at a discount relative to historical valuations.
In the broader market context, Rodium Realty's short-term return of 2.01% over the past week has outperformed the Sensex, which gained 1.59% during the same period. This trend of outperformance is consistent with the stock's performance over the last month and year, where it has generated returns of 11.64% and 180.63%, respectively, compared to the Sensex's 1.50% and 6.36%. However, it is worth noting that there has been a significant decline in investor participation, with delivery volume dropping by 98.06% against the 5-day average, which could indicate potential caution among investors despite the positive price movement.