Why is Indian Hume Pipe falling/rising?

As of 02-Jul, Indian Hume Pipe Company Ltd's stock price is rising, currently at 446.65, reflecting an increase of 1.9 (0.43%). The stock has shown strong performance, gaining 5.02% over the last three days and outperforming its sector by 0.4%. It has also touched an intraday high of Rs 454.85. Over the past week, the stock has increased by 5.18%, and year-to-date, it has risen by 23.62%, significantly outperforming the Sensex, which has only increased by 6.75%. The company has a favorable valuation with a return on capital employed (ROCE) of 13.4 and is trading at a discount compared to its peers. However, it faces challenges such as a negative compound annual growth rate (CAGR) in operating profits over the last five years and a high debt-to-EBITDA ratio, which may limit its long-term growth potential.
In the broader market context, Indian Hume Pipe's recent performance has been notably strong compared to the Sensex, which has only seen a 0.79% increase over the past week. The stock's ability to maintain consistent returns over the last three years, alongside a significant rise in profits by 18.3% over the past year, contributes positively to its current momentum. However, the presence of pledged promoter shares and a relatively low return on equity could pose risks in a declining market. Overall, while the stock is currently rising due to strong short-term performance and favorable valuations, underlying weaknesses in long-term fundamentals may temper investor enthusiasm.