Why is AMD Industries falling/rising?

As of 15-Jul, AMD Industries Ltd is experiencing a price increase, currently at 54.53, reflecting a rise of 0.95 or 1.77%. The stock has shown a strong performance today, outperforming its sector by 0.57%, and has been on a consecutive gain streak for the last three days, accumulating a total return of 6.55% during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. The company has a very attractive valuation with a return on capital employed (ROCE) of 9.1 and a low enterprise value to capital employed ratio of 0.8, suggesting it is trading at a discount compared to its peers. However, it has faced challenges, including a weak long-term fundamental strength with a lower average ROCE of 6.26% and a significant decline in profit after tax in the most recent quarter.
In the broader market context, AMD Industries has outperformed the benchmark Sensex over the past week, gaining 3.87% compared to the benchmark's decline of 1.36%. However, the stock has underperformed over the longer term, with a year-to-date return of -7.58% against the Sensex's gain of 5.67%. This contrast highlights the stock's recent positive momentum despite its overall negative performance in the past year, where it has dropped by 24.19% while the broader market has seen a modest increase. The rising investor participation, indicated by a 47.9% increase in delivery volume, suggests growing interest, which may be contributing to the recent price rise.