Why is Gravita India falling/rising?

As of 06-Aug, Gravita India Ltd is currently priced at 1,791.15, reflecting an increase of 13.4 points or 0.75%. Today's price summary indicates that the stock has outperformed its sector by 0.82%, although it is trading higher than its 20-day moving average but lower than its 5-day, 50-day, 100-day, and 200-day moving averages. Despite a recent decline in investor participation, with delivery volume dropping by 18.62% against the 5-day average, the company exhibits strong fundamentals. It has demonstrated high management efficiency with a return on capital employed (ROCE) of 20.88%, a low debt to EBITDA ratio of 1.36 times, and consistent growth in operating profit at an annual rate of 32.11%. The company has also reported positive results for the last three consecutive quarters, contributing to its recent price movement.
In the broader market context, Gravita India's short-term performance over the past week shows a decline of 5.76%, while the benchmark Sensex has only fallen by 1.15%. This indicates that the stock has underperformed relative to the broader market in the short term. However, over the longer term, Gravita India has generated a return of 4.06% over the past year, outperforming the BSE500 in each of the last three annual periods, which suggests a resilient long-term growth trajectory despite recent fluctuations.