Why is Talbros Engg. falling/rising?

As of 17-Sep, Talbros Engineering Ltd is experiencing a price increase, currently at 641.00, reflecting a change of 2.0 (0.31%) upwards. The stock has shown strong performance recently, outperforming its sector by 0.35% today and achieving a consecutive gain over the last three days with a total return of 1.35%. Over the past week, the stock has risen by 10.75%, and in the last month, it has increased by 13.65%, indicating robust short-term momentum. Despite a slight decline of 0.94% over the past year, the company has demonstrated healthy long-term growth with an annual operating profit increase of 39.73%. The stock is trading at a discount compared to its peers, supported by high management efficiency and a favorable PEG ratio of 0.9, which may contribute to the recent upward price movement.
In the broader market context, the Sensex has increased by 1.56% over the past week, while Talbros Engineering Ltd has significantly outperformed this benchmark. The stock's strong performance relative to the market indicates positive investor sentiment, despite a notable decline in delivery volume, which fell by 74.66% against the 5-day average. This suggests a potential decrease in investor participation, which could temper future price movements. However, the stock's liquidity remains adequate for trading, and the majority ownership by promoters may instill confidence among investors, further supporting the stock's recent rise.