Why is Winsome Textile falling/rising?

As of 01-Sep, Winsome Textile Industries Ltd is experiencing a price increase, with its current price at Rs 92.70, reflecting a rise of 2.2 (2.43%). Today, the stock opened with a gain of 2.76% and reached an intraday high of Rs 93. Despite this positive movement, the stock has shown a decline of 9.52% over the past month and a 10.00% drop over the last year. However, the company has reported a significant profit increase of 33.9% over the same period, contributing to a favorable PEG ratio of 0.2. The stock is also trading at a discount compared to its peers, which may attract investors. High institutional holdings at 25.67% suggest confidence in the stock's fundamentals, although there has been a decline in investor participation, with delivery volume falling by 10.52% against the 5-day average.
In the broader market context, Winsome Textile has outperformed the sector by 1.39% today, while the benchmark Sensex has declined by 1.56% over the past week. The stock's short-term performance contrasts with its longer-term returns, where it has underperformed the benchmark over the past month and year. The stock's performance over three years shows a positive return of 5.52%, while the Sensex has gained 36.75% in the same period. This indicates that while Winsome Textile is currently rising, it has faced challenges in the broader market, particularly in the short term.