Why is ASK Automotive falling/rising?

As of 10-Jul, ASK Automotive Ltd's stock price is currently at Rs 528.00, reflecting an increase of Rs 2.75 or 0.52%. The stock has shown strong performance recently, gaining 2.33% over the last two days and outperforming its sector by 0.54% today. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Over the past year, the stock has generated a remarkable return of 36.50%, significantly higher than the market's return of 1.46%. The company's high management efficiency, evidenced by a return on equity (ROE) of 22.51%, and a low debt-to-EBITDA ratio of 1.01 times, further support its strong performance and appeal to investors.
In the broader market context, ASK Automotive's short-term return of 1.44% over the past week contrasts with the Sensex, which has seen a slight decline of 0.06%. This indicates that ASK Automotive is performing well relative to the overall market. The stock's liquidity is also favorable, with a delivery volume that has increased significantly, suggesting rising investor participation. Overall, the combination of strong financial metrics, consistent performance, and positive market sentiment contributes to the stock's upward movement.