Why is Rodium Realty falling/rising?

As of 03-Jul, Rodium Realty Ltd's stock price is rising, currently at Rs 219.20, reflecting an increase of Rs 10.35 or 4.96%. The stock opened with a gain of 4.96% today and reached an intraday high of Rs 219.20. Over the past week, the stock has shown a return of +3.42%, significantly outperforming the Sensex, which declined by -0.62%. Additionally, Rodium Realty has demonstrated strong performance over the last year, with a remarkable return of 173.59%, while its profits have increased by 27.3%. The company has reported very positive results in recent quarters, including a net profit growth of 143.79% and a PAT of Rs 3.73 crore, which has grown at 257.8% compared to the previous four-quarter average.
In the broader market context, while the Sensex has shown a modest gain of +3.10% over the past month, Rodium Realty's performance has been notably stronger, with a +4.88% increase in the same period. Despite a recent decline in investor participation, as indicated by a -74.02% drop in delivery volume, the stock remains liquid enough for trading. The company's attractive valuation, trading at a discount compared to peers, and a PEG ratio of 0.9 further support its upward price movement. Overall, Rodium Realty's consistent positive financial results and strong market performance contribute to its rising stock price.