Why is Voltas falling/rising?

As of 02-Sep, Voltas Ltd. is experiencing a price increase, currently at 1,436.00, reflecting a rise of 22.0 or 1.56%. The stock has shown strong performance recently, gaining 6.59% over the past week and 9.04% over the past month, while outperforming its sector by 0.68% today. It has been on a consecutive gain streak for the last four days, reaching an intraday high of Rs 1,444. Additionally, Voltas is trading above its moving averages across various time frames, indicating positive momentum. However, the company faces challenges with a significant decline in profit before tax and profit after tax compared to previous quarters, alongside a low operating profit margin.
In the broader market context, while Voltas has underperformed the market over the past year with a return of -19.02% compared to the Sensex's -2.91%, its recent short-term performance contrasts sharply with the benchmark, which has seen a decline of -0.78% over the past week. The stock's liquidity is adequate, supported by a notable increase in delivery volume, and high institutional holdings suggest confidence from more knowledgeable investors. Despite these positive indicators, the company's expensive valuation and lower profitability metrics may temper long-term investor sentiment, contributing to its mixed performance against the broader market.