Why is Voltas falling/rising?

As of 07-Jul, Voltas Ltd. is currently priced at 1,367.90, reflecting an increase of 4.65, or 0.34%. The stock has outperformed its sector today by 0.64%, and it is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Over the past week, Voltas has seen a return of +4.12%, contrasting with a slight decline of -0.20% in the Sensex. Despite a year-to-date decline of -23.57%, the company has shown strong performance in recent quarters, with a significant growth in profit after tax and a high return on capital employed, which may contribute positively to investor sentiment. However, a notable drop in delivery volume by -48.93% against the 5-day average indicates a decrease in investor participation.
In the broader market context, Voltas's recent performance stands out as it has outperformed the Sensex in the short term, which is a positive indicator amidst a generally challenging year. The stock's high institutional holdings at 55.17% suggest confidence from more knowledgeable investors, which could stabilize its price movements. Despite the overall negative returns over the past year, the company's profits have significantly increased, leading to a favorable PEG ratio of 0.2, indicating that the stock may be undervalued compared to its earnings growth. This combination of strong fundamentals and recent positive price movement may suggest a potential recovery phase for Voltas, even as it navigates through broader market fluctuations.