Why is Tara Chand Infra falling/rising?

As of 08-Jul, Tara Chand Infralogistic Solutions Ltd is experiencing a price increase, currently at 76.34, reflecting a rise of 2.25 or 3.04%. The stock has shown strong performance recently, outperforming its sector by 2.94% today and trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 13.03%, and in the last month, it has risen by 30.10%. The company has reported impressive financial results, including a 75.59% growth in net sales and positive results for the last 12 consecutive quarters, which has contributed to rising investor confidence, as evidenced by an increase in promoter stake by 1.07%.
In the broader market context, while the Sensex has seen a slight decline of 0.08% over the past week, Tara Chand's significant gains highlight its strong performance relative to the benchmark. Despite a negative return of -18.64% over the past year, the company's profits have increased by 54%, indicating a potential turnaround. The stock's attractive valuation, with a PEG ratio of 0.6 and a solid return on capital employed (ROCE) of 16, suggests it is trading at a discount compared to its peers. However, the long-term growth concerns due to a lower annual growth rate of operating profit at 13.78% over the last five years remain a risk factor for investors.