Why is Syrma SGS Tech. falling/rising?

As of 23-Sep, Syrma SGS Technology Ltd is experiencing a price increase, currently at Rs 820.00, which reflects a rise of 3.75 (0.46%). The stock has shown strong performance, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a decline in investor participation, with delivery volume falling by 39.63% against the 5-day average, the stock has generated impressive returns, including an 85.00% increase over the past year and a 38.83% rise year-to-date. The company's financial health is underscored by a low debt-to-equity ratio of 0.25, robust growth in net sales and operating profit, and positive results over the last four quarters, contributing to its favorable market performance.
In the broader market context, Syrma SGS Technology Ltd's short-term performance has been stable, with a 0.00% change over the past week, while the Sensex has declined by 0.34%. This indicates that the stock is holding its ground better than the benchmark index. Additionally, the company's long-term performance has outpaced the BSE500 over various periods, reinforcing its attractiveness to investors despite its relatively high valuation metrics. The stock's PEG ratio of 0.9 suggests it may be undervalued compared to its peers, which could further support its price movement in the market.