Why is Bansal Roofing falling/rising?

As of 15-Oct, Bansal Roofing Products Ltd is currently priced at Rs 108.90, reflecting an increase of Rs 5.85 or 5.68%. Today's price summary indicates that the stock has outperformed its sector by 5.62% and has experienced a trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 114.3, showcasing significant volatility with an intraday fluctuation of 6.18%. Over the past week, the stock has underperformed with a return of -2.90%, and over the last month, it has declined by 6.64%. However, it has shown a year-to-date increase of 15.27%, indicating a strong performance relative to its historical context. 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, which supports its ability to service debt. Despite a recent decline in stock price, the company has reported significant growth in net profit and sales over the past quarters, contributing to a positive outlook.
In the broader market context, while the stock has faced challenges, particularly with a one-year return of -21.46% compared to the Sensex's modest gain of 0.96%, it has shown resilience in the year-to-date performance. The stock's recent rise can be attributed to improved investor participation, as evidenced by a 5.85% increase in delivery volume, suggesting renewed interest among investors. Although the stock has underperformed the market over the past year, its strong fundamentals, including a PEG ratio of 0.2 and consistent profit growth, may attract investors looking for value opportunities, particularly as it trades at a discount compared to its peers.