Why is Foseco India falling/rising?

As of 12-Aug, Foseco India Ltd. is experiencing a price increase, currently at Rs 4,900.00, reflecting a rise of 153.05 or 3.22%. Today's performance indicates a trend reversal as the stock has gained after eight consecutive days of decline. It has outperformed its sector by 4.04% today and reached an intraday high of Rs 4,900. The stock's performance over the past week shows a decline of 4.27%, but it has increased by 1.53% over the past month. Additionally, the company demonstrates strong fundamentals, with a high return on equity of 19.68% and a low debt-to-equity ratio, contributing to healthy long-term growth with an annual operating profit increase of 37.46%.
In the broader market context, while Foseco India has shown a year-to-date return of 21.77%, the benchmark Sensex has only increased by 2.68% during the same period. This indicates that Foseco India is outperforming the market significantly in the long term. However, the stock's recent performance has been marred by a 75.91% drop in delivery volume compared to the five-day average, suggesting a decrease in investor participation. Despite this, the liquidity remains adequate for trading, which may support the stock's price stability moving forward.