Why is Sonu Infratech falling/rising?

As of 03-Jul, Sonu Infratech Ltd's stock price is currently at 120.75, reflecting an increase of 1.0 (0.84%). Today's price summary indicates that the stock has outperformed its sector by 1.07%. However, it is noteworthy that the stock's delivery volume has decreased significantly, falling by 54.55% compared to the 5-day average. Despite this decline in investor participation, the company has shown robust financial performance, with operating profit growing at an annual rate of 53.05%. The stock has generated a substantial return of 61.43% over the past year, supported by a 243% increase in profits, which contributes to its attractive valuation characterized by a low PEG ratio of 0.1.
In the broader market context, the stock's performance over the past week shows a decline of 9.89%, while the benchmark Sensex has only decreased by 0.56%. This indicates that Sonu Infratech is underperforming relative to the market in the short term. However, the stock has demonstrated strong long-term growth, outperforming the BSE500 over various time frames, including the last three years. The current liquidity of the stock remains adequate for trading, which may help stabilize its price despite the recent drop in delivery volume. Overall, while the stock is experiencing short-term challenges, its long-term growth potential remains promising.