Why is Bansal Roofing falling/rising?

As of 22-Aug, Bansal Roofing Products Ltd is currently priced at 123.65, reflecting an increase of 1.4, or 1.15%. The stock has shown a trend reversal by gaining after three consecutive days of decline, and it has outperformed its sector by 3.5% today. Despite a recent 1-week decline of 1.79%, the stock has demonstrated strong long-term performance, with a year-to-date return of 30.89% and a remarkable 61.63% increase over the past year. The company has reported positive financial results, including a significant net profit growth of 126.97% and a low debt-to-EBITDA ratio of 0.70, which contributes to investor confidence and supports the stock's recent upward movement.
In the broader market context, while the Sensex has gained 0.88% over the past week, Bansal Roofing's short-term performance has lagged behind this benchmark. However, the stock's long-term performance remains strong, outperforming the BSE500 over various periods, including the last three years. The construction materials sector has faced a decline of 2.31%, indicating challenges in the industry, yet Bansal Roofing's liquidity remains adequate, with a delivery volume increase of 50.03% compared to the 5-day average. This combination of strong company fundamentals and a recent uptick in investor participation may be contributing to the stock's current rise, despite the broader sector's struggles.