Why is Sudal Industries falling/rising?

As of 27-Jun, Sudal Industries Ltd is experiencing a price increase, with its current price at Rs 73.29, reflecting a rise of 3.49 or 5.0%. The stock has recently hit a new 52-week and all-time high, and it has outperformed its sector by 4.46%. Over the last three days, the stock has gained 19.17%, and it opened with a 5% gain today. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has shown strong financial performance, with a 47.22% growth in operating profit and positive results for the last five consecutive quarters, contributing to its attractive valuation and market-beating performance.
In the broader market context, Sudal Industries has significantly outperformed the Sensex, with a 1-week return of 16.43% compared to the benchmark's 2.00%, and a 1-month return of 99.59% against 3.07%. This strong performance is supported by the company's impressive profit growth of 234.4% over the past year, which has helped maintain investor interest despite a recent decline in delivery volume. The stock's PEG ratio of 0 indicates it is undervalued compared to its peers, further enhancing its appeal to investors. Overall, the combination of strong financial results and favorable market conditions has contributed to the stock's rising price.