Why is Bansal Wire Inds falling/rising?

As of 25-Jul, Bansal Wire Industries Ltd is currently priced at 410.45, reflecting a rise of 0.9 or 0.22%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 4.12% during this period. Despite a one-week decline of 1.92%, the stock has outperformed its sector by 2.02% today. Over the past year, it has generated a return of 15.04%, significantly higher than the broader market's negative return of -0.19%. The company maintains a low debt-to-equity ratio and has an attractive valuation with a return on capital employed (ROCE) of 12.8, which supports its recent positive price movement.
In the broader market context, while the Sensex has experienced a slight decline of 0.36% over the past week, Bansal Wire Industries Ltd's performance has been notably stronger, particularly in the last month where it gained 5.91% compared to the benchmark's drop of 1.56%. However, it is important to note that there has been a significant decrease in investor participation, with delivery volume falling by 66.96% against the five-day average, which could impact future price movements. Overall, the stock's recent gains can be attributed to its strong performance relative to the market and solid financial metrics, despite the decline in trading volume.