Why is Foseco India falling/rising?

As of 28-Aug, Foseco India Ltd. is experiencing a price increase, currently at Rs 6,470.00, reflecting a rise of Rs 149.00 or 2.36%. The stock has shown strong performance, gaining 15.54% over the past week and 36.58% over the past month, significantly outperforming the Sensex, which has declined by 2.34% and 1.00% respectively during the same periods. Today's price summary indicates that the stock is close to its 52-week high, just 3.31% away, and has gained after two consecutive days of decline. Additionally, it is trading above all key moving averages, which suggests a positive trend. However, there has been a notable decrease in investor participation, with delivery volume dropping by 65.3% against the five-day average, which may raise concerns about liquidity despite the stock being liquid enough for trading.
In the broader market context, Foseco India's recent performance stands in stark contrast to the benchmark, as it has generated a 60.79% return year-to-date compared to the Sensex's modest 2.48%. This strong performance is supported by high management efficiency, evidenced by a return on equity (ROE) of 19.68%, and a low debt-to-equity ratio, indicating financial stability. The company has also demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 37.46%. Overall, Foseco India has consistently outperformed the market over various time frames, contributing to its rising stock price.