Why is Mah. Seamless falling/rising?

As of 27-Jun, Maharashtra Seamless Ltd is experiencing a slight increase in its stock price, currently at 760.35, with a change of 0.7 (0.09%) upwards. The stock has shown strong performance recently, gaining 12.74% over the last four days and outperforming its sector by 0.27%. It is also trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a return of 14.98%, significantly higher than the market's average return of 4.10%. Additionally, the company's low debt-to-equity ratio of 0.07 times and the recent increase in promoter stake by 0.79% reflect rising confidence in the company's future prospects.
In the broader market context, Maharashtra Seamless Ltd has outperformed the benchmark Sensex, which has only increased by 2.00% over the past week, while the stock itself has surged by 12.64% in the same period. This indicates a strong relative performance compared to the market. The stock's liquidity is also favorable, with a delivery volume that has risen by 121.16% against the 5-day average, suggesting increased investor participation. Overall, the combination of strong recent gains, positive sentiment from promoters, and solid returns compared to the benchmark contributes to the stock's upward movement.