Why is Tyroon Tea Co. falling/rising?

As of 09-Jul, Tyroon Tea Company Ltd is experiencing a price increase, currently at Rs 126.60, reflecting a rise of Rs 6.8 or 5.68%. The stock has shown strong performance today, outperforming its sector by 5.87% and has gained 20.29% over the last two days. It opened with a gain of 2.88% and reached an intraday high of Rs 137.85, although it also saw a low of Rs 114.55 during the day. Over the past week, the stock has surged by 22.14%, and it has consistently outperformed the benchmark Sensex across various time frames, including a 10.76% return over the past year. Despite operating losses and weak long-term fundamentals, the stock's attractive valuation, with a Price to Book Value of 0.9 and a PEG ratio of 1.2, has contributed to its recent upward movement.
In the broader market context, Tyroon Tea Company's short-term performance significantly outpaces the Sensex, which has only risen by 0.15% over the past week. This strong performance is indicative of rising investor participation, as evidenced by an 830.72% increase in delivery volume compared to the five-day average. While the stock is trading at a premium compared to its peers, its ability to generate returns and outperform the market in both the short and long term has attracted investor interest, despite the underlying operational challenges.