Why is Triton Valves falling/rising?

As of 19-Sep, Triton Valves Ltd is experiencing a price increase, with its current price at 3,613.30, reflecting a rise of 208.45 or 6.12%. The stock has shown strong performance recently, gaining 27.67% over the last four days and outperforming its sector by 6.01% today. It opened with a gain of 5.09% and reached an intraday high of Rs 3,650. Additionally, the stock is trading above its moving averages across various time frames, indicating positive momentum. Despite a year-to-date decline of 30.38%, the company has seen a profit increase of 32.1%, suggesting a potential for recovery, although it is still trading at a discount compared to its peers.
In the broader market context, Triton Valves has significantly outperformed the Sensex over the past week and month, with returns of 27.23% and 36.51%, respectively, compared to the Sensex's 0.88% and 1.20%. However, the stock has underperformed over the past year, with a decline of 28.55% against the market's slight drop of 0.67%. The company's high Debt to EBITDA ratio of 5.27 times raises concerns about its ability to service debt, which could impact investor sentiment. Despite these challenges, the recent surge in investor participation and the stock's fair valuation may be contributing to its current upward movement.