Why is Indian Hume Pipe falling/rising?

As of 23-Jul, Indian Hume Pipe Company Ltd's stock price is rising, currently at Rs 436.00, reflecting an increase of 5.1 (1.18%). Today's performance indicates a trend reversal as the stock has gained after three consecutive days of decline, opening with a gain of 2.58% and reaching an intraday high of Rs 442. Despite a recent underperformance over the past week with a decline of 1.79%, the stock has shown a strong monthly return of 8.96% and a year-to-date increase of 20.68%. The company has a very attractive valuation with a Return on Equity (ROE) of 6.7 and a Price to Book Value of 1.7, although it faces challenges such as a high Debt to EBITDA ratio of 2.83 times and a negative Compound Annual Growth Rate (CAGR) in operating profits over the last five years.
Broader market context shows that while the Sensex has gained 0.11% over the past week, Indian Hume Pipe's recent performance has outpaced this benchmark, outperforming its sector by 1.42% today. However, the stock's liquidity is somewhat constrained, with a notable decrease in delivery volume by 26.51% against the five-day average. Additionally, the presence of pledged promoter shares (30.69%) may exert downward pressure in a falling market, which could affect investor sentiment despite the stock's current upward movement. Overall, while the stock is experiencing a rise today, its long-term fundamentals and market conditions present a mixed outlook.