Why is Cubex Tubings falling/rising?

As of 15-Jul, Cubex Tubings Ltd's stock price is currently at Rs 97.05, reflecting an increase of Rs 3.05 or 3.24%. The stock has shown a positive trend recently, gaining 5.49% over the last two days and outperforming its sector by 3.12% today. Despite a decline of 12.71% over the past month and an annual decrease of 8.80%, the company has demonstrated strong long-term growth with net sales increasing at an annual rate of 34.98% and operating profit at 60.35%. The recent positive quarterly results, including a record net sales figure of Rs 84.90 crore, have likely contributed to the stock's upward movement, although concerns about poor management efficiency and a low return on capital employed may temper investor enthusiasm.
In the broader market context, while Cubex Tubings has experienced a decline of 1.17% over the past week, the benchmark Sensex has also fallen by 1.36%, indicating that the stock's performance is somewhat aligned with market trends. Year-to-date, Cubex Tubings has outperformed the Sensex, with a return of 14.18% compared to the benchmark's 5.67%. This suggests that despite recent volatility, the stock may still be viewed favorably by investors looking for growth potential, especially given its attractive valuation relative to peers and the significant increase in profits over the past year.