Why is Vinati Organics falling/rising?

As of 08-Jul, Vinati Organics Ltd is experiencing a slight increase in its stock price, currently at 2,022.20, reflecting a change of 2.2 (0.11%) upward. The stock has shown strong performance recently, with a 3.89% increase over the last two days and an outperformance of its sector by 0.69% today. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock has also seen a significant rise in delivery volume, increasing by 451.45% compared to the 5-day average, indicating heightened investor interest. Over the past week, the stock has gained 3.26%, while its year-to-date return stands at 12.35%, outperforming the Sensex, which has returned 7.13% in the same period.
In the broader market context, Vinati Organics' recent performance contrasts favorably against the Sensex, which has only seen a marginal increase of 0.02% over the past week. The company's high management efficiency, indicated by a return on equity (ROE) of 16.68%, and low debt-to-equity ratio contribute positively to its valuation, despite concerns about its long-term growth potential. While the stock has generated a modest return of 5.81% over the past year, its profits have increased by 25.5%, suggesting that the stock may be undervalued compared to its peers. However, the high price-to-book value ratio and a PEG ratio of 2.1 indicate a potentially expensive valuation, which could pose risks for future growth.