Why is Foseco India falling/rising?

As of 30-Jul, Foseco India Ltd. is experiencing a significant rise in its stock price, currently at Rs. 5,540.00, reflecting an increase of Rs. 720.0 or 14.94%. The stock has shown strong performance today, outperforming its sector by 13.9% and achieving a new 52-week high of Rs. 5,654.05. Over the past week, the stock has gained 14.10%, and it has also demonstrated impressive returns of 37.67% year-to-date. The company benefits from high management efficiency, evidenced by a return on equity of 17.33%, and maintains a low debt-to-equity ratio, indicating strong long-term fundamental strength. The stock's recent upward movement is further supported by rising investor participation, with a significant increase in delivery volume.
In the broader market context, Foseco India's short-term performance stands in stark contrast to the benchmark Sensex, which has declined by 1.50% over the past week. While the Sensex has shown a year-to-date increase of only 4.28%, Foseco India has outperformed it significantly, highlighting the company's robust market position. The stock's consistent gains over the last two days, coupled with its strong historical performance—203.27% over three years and 429.69% over five years—underscore its resilience and attractiveness to investors, further contributing to its rising price.