Why is Manaksia Alumi. falling/rising?

As of 30-Jul, Manaksia Aluminium Company Ltd is experiencing a price increase, currently at Rs 30.35, reflecting a rise of 1.62 or 5.64%. The stock has shown a positive performance today, outperforming its sector by 6.39% and has gained consecutively for the last two days, with a total return of 6.38% during this period. Despite a recent decline of 8.11% over the past week, the stock has performed well over the past month with a return of 15.97%. The company has demonstrated strong financial metrics, including a high operating profit to interest ratio and increased net sales, which contribute to its attractive valuation compared to peers. However, there has been a significant drop in investor participation, with delivery volume falling by 92.32% against the 5-day average.
In the broader market context, while the Sensex has declined by 1.50% over the past week, Manaksia Aluminium's short-term performance has been notably better, indicating a divergence from the overall market trend. The stock's year-to-date performance shows a decline of 4.20%, contrasting with the Sensex's gain of 4.28%. This suggests that while the stock has faced challenges over a longer period, its recent gains may be driven by positive operational results and a favorable valuation, despite the broader market's struggles.