Why is Tiger Logistics falling/rising?

As of 18-Sep, Tiger Logistics (India) Ltd is experiencing a price increase, currently at Rs 51.51, reflecting a rise of Rs 3.3 or 6.85%. The stock has shown significant momentum, gaining 28.2% over the last two days and outperforming its sector by 6.91% today. It opened with a gain of 3.73% and reached an intraday high of Rs 56.74, indicating strong investor interest and volatility, with an intraday volatility of 6.33%. Additionally, the stock has demonstrated impressive returns over the past week and month, with increases of 28.13% and 15.75%, respectively, despite a year-to-date decline of 26.53%. The company's strong financial performance, including a 53.56% growth in net sales and a 28.75% increase in profit after tax over the last six months, supports the positive price movement. Furthermore, the low debt-to-EBITDA ratio of 0.48 and a PEG ratio of 0.3 suggest a fair valuation, which may attract investors.
In the broader market context, the Sensex has only increased by 1.80% over the past week and 2.14% over the last month, highlighting that Tiger Logistics is significantly outperforming the benchmark indices in the short term. This disparity in performance may indicate that investor sentiment towards Tiger Logistics is particularly strong, possibly due to increasing participation from institutional investors, who have raised their stake by 2.04% in the last quarter. This trend suggests a growing confidence in the company's fundamentals compared to the overall market, which could further contribute to the stock's upward trajectory.