Why is Ahm. Steelcraft falling/rising?

As of 31-Jul, Ahmedabad Steelcraft Ltd's stock price is rising, currently at Rs 234.00, reflecting an increase of Rs 13.0 or 5.88%. The stock has shown a trend reversal, gaining after two consecutive days of decline, and opened with a gain of 2.13% today. It reached an intraday high of Rs 234, outperforming its sector by 6.18%. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a potential weakness in momentum. Over the past year, the stock has generated a return of 47.17%, significantly outperforming the broader market, which has seen negative returns of -0.68%. However, it has experienced declines of 5.24% over the last month and 3.90% over the past week.
In the broader market context, while Ahmedabad Steelcraft has outperformed the benchmark Sensex in the long term, its recent performance has been mixed, with short-term returns lagging behind the benchmark. The company's strong fundamentals, including a substantial growth in net sales and operating profit, have contributed positively to its stock price. However, concerns regarding management efficiency, as indicated by a low return on equity and high debt to EBITDA ratio, could be weighing on investor sentiment. Despite these challenges, the stock's attractive valuation relative to peers and consistent positive quarterly results suggest a potential for continued growth, which may be driving the recent price increase.