Why is Venus Pipes falling/rising?

As of 29-Jul, Venus Pipes & Tubes Ltd is experiencing a price increase, currently at 1,465.00, reflecting a rise of 47.0 or 3.31%. The stock has shown a trend reversal, gaining after four consecutive days of decline, and it outperformed its sector by 2% today. Despite this positive movement, the stock has a mixed performance over different periods, with a 1-week decline of 9.96% and a 1-year drop of 34.11%. However, it has demonstrated strong long-term growth, with net sales increasing at an annual rate of 35.31% and operating profit at 46.11%. The company also benefits from high management efficiency, indicated by a ROCE of 31.02%, and a low Debt to EBITDA ratio of 0.85 times. Nonetheless, the stock's valuation appears expensive with a PEG ratio of 4.3, and it has underperformed the market over the past year.
In the broader market context, the stock's short-term performance contrasts with the benchmark, as it has declined significantly more than the Sensex, which fell by only 1.03% over the past week. The stock's liquidity remains adequate for trading, but there has been a decrease in investor participation, with delivery volume falling by 11.13% against the 5-day average. Additionally, while institutional holdings have increased, indicating confidence from larger investors, the overall sentiment remains cautious due to flat results in the last quarter and a significant underperformance compared to the broader market.