Why is Bansal Roofing falling/rising?

As of 01-Aug, Bansal Roofing Products Ltd is experiencing a price increase, currently at 125.00, reflecting a rise of 3.7 or 3.05%. The stock opened with a gain of 2.39% today and reached an intraday high of Rs 126, indicating strong momentum. Over the past week, the stock has outperformed the sector by 4.54%, and its performance over the last month shows a significant increase of 13.64%. The company has demonstrated high management efficiency with a return on capital employed (ROCE) of 19.84% and a low debt to EBITDA ratio of 0.70 times, contributing to its positive outlook. Additionally, the stock is trading at a discount compared to its peers, and its profits have risen by 56.5% over the past year, further supporting its upward movement.
In the broader market context, Bansal Roofing's short-term return of 1.05% over the past week stands in stark contrast to the Sensex, which has declined by 1.06%. This divergence highlights the company's strong performance relative to the overall market. Furthermore, the stock has shown remarkable long-term growth, with a 90.11% increase over the past three years, significantly outperforming the benchmark's 38.69% return during the same period. This consistent outperformance, combined with rising investor participation and favorable financial metrics, suggests that Bansal Roofing is well-positioned in the current market environment.