Why is Tyroon Tea Co. falling/rising?

As of 10-Jul, Tyroon Tea Company Ltd is experiencing a price increase, currently at 127.30, with a change of 0.7 (0.55%) upward. The stock has shown strong performance recently, outperforming its sector by 1.35% today and achieving a remarkable 20.95% return over the last three days. Over the past week, the stock has surged by 21.01%, while it has also outperformed the benchmark Sensex over various periods, including a 14.48% return over the past year. Despite operating losses and a weak long-term fundamental strength, the stock's attractive valuation, indicated by a 0.9 Price to Book Value and a PEG ratio of 1.2, has contributed to its positive momentum.
In the broader market context, Tyroon Tea Company's short-term performance has significantly outpaced the Sensex, which has seen a negligible change of -0.06% over the past week. This strong relative performance highlights investor confidence in the stock, particularly as it has consistently traded above its moving averages and seen a substantial increase in delivery volume, suggesting rising investor participation. While the company faces challenges such as operating losses and flat quarterly results, the overall market-beating performance in both the near and long term has likely bolstered investor sentiment, contributing to the stock's upward movement.