Why is Brady & Morris falling/rising?

As of 03-Jul, Brady & Morris Engineering Company Ltd is experiencing a price increase, currently at 1,980.05, reflecting a rise of 43.25 or 2.23%. Today's price summary indicates that the stock has outperformed its sector by 1.05% and has shown a trend reversal, gaining after two consecutive days of decline. The stock reached an intraday high of Rs 2018, marking a 4.19% increase. Over the past week, the stock has risen by 3.40%, and it has delivered impressive returns of 62.70% over the past month, significantly outperforming the Sensex, which has only increased by 3.10%. Despite a recent drop in investor participation, with delivery volume falling by 80.84% against the 5-day average, the stock's high management efficiency, indicated by a return on equity (ROE) of 31.46%, and consistent returns over the last three years contribute positively to its recent performance.
In the broader market context, the stock's short-term performance of +3.40% over the past week contrasts sharply with the Sensex's decline of -0.62% during the same period. This indicates that Brady & Morris is not only resilient but also thriving in a challenging market environment. However, it is important to note that the company has faced negative results in the last quarter, with a significant drop in profit after tax and the lowest return on capital employed recorded. Despite these challenges, the stock continues to trade at a discount compared to its peers, which may attract investors looking for value, further supporting its upward price movement.