Why is Foseco India falling/rising?

As of 14-Aug, Foseco India Ltd. is experiencing a price increase, with its current price at Rs 4,867.90, reflecting a rise of Rs 58.7 or 1.22%. Today's performance indicates that the stock has outperformed its sector by 1.17%, reaching an intraday high of Rs 4,949.45, which is a 2.92% increase. Over the past week, the stock has seen a slight decline of 1.35%, but it has shown positive returns over the longer term, with a year-to-date increase of 20.97% and a remarkable 176.89% rise over the past three years. The company benefits from high management efficiency, evidenced by a return on equity (ROE) of 19.68%, a low debt-to-equity ratio, and healthy long-term growth with an annual operating profit growth rate of 37.46%.
In the broader market context, while Foseco India has outperformed the benchmark Sensex in terms of year-to-date returns, the stock's recent short-term performance has been less favorable compared to the benchmark, which has only seen a 0.03% decline over the past week. Despite a slight decrease in investor participation, as indicated by a 0.16% drop in delivery volume, the stock remains liquid enough for trading. The consistent returns over the last three years and the majority ownership by promoters suggest a stable outlook, contributing to the stock's upward movement despite some short-term fluctuations.