Why is Tara Chand Infra falling/rising?

As of 07-Jul, Tara Chand Infralogistic Solutions Ltd is experiencing a price increase, currently at 74.09, reflecting a rise of 4.84 or 6.99%. The stock has shown strong performance today, outperforming its sector by 7.14%. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum. Over the past week, the stock has gained 14.60%, and over the past month, it has increased by 26.26%. Despite a decline of 24.99% over the past year, the company has reported significant growth in net sales and operating profit, with a 75.59% increase in net sales and positive results for the last 12 consecutive quarters. Additionally, the promoters have increased their stake in the company, signaling confidence in its future prospects.
In the broader market context, while Tara Chand's stock has risen significantly in the short term, the Sensex has seen a slight decline of 0.22% over the past week. This contrast highlights the stock's strong performance relative to the overall market. The company's attractive valuation, with a return on capital employed of 16 and a PEG ratio of 0.6, further supports its upward movement. The stock's ability to trade at a discount compared to its peers' average historical valuations, combined with rising promoter confidence, contributes to the positive sentiment surrounding Tara Chand Infralogistic Solutions Ltd.