Why is Manaksia Alumi. falling/rising?

As of 26-Aug, Manaksia Aluminium Company Ltd's stock price is currently at Rs 31.78, reflecting an increase of Rs 1.28 or 4.2%. The stock has shown strong performance recently, with a consecutive gain over the last two days, resulting in an 8.58% return during this period. It has outperformed its sector by 5.48% today and is trading above all key moving averages, indicating positive momentum. However, there has been a notable decline in investor participation, with delivery volume dropping by 68.27% compared to the five-day average. The company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 44.15%, and positive financial results, including a 35.76% growth in net sales over the past nine months. Despite these positives, the company faces risks due to a high Debt to EBITDA ratio of 5.25 times, which indicates a low ability to service debt and a relatively low return on equity.
Broader market context shows that while Manaksia Aluminium has performed well in the short term, with a 3.52% increase over the past week, the benchmark Sensex has declined by 1.05% in the same period. This contrast highlights the stock's resilience against broader market trends. Over the past month, the stock has risen by 5.55%, while the Sensex has fallen by 0.83%, further emphasizing its strong performance relative to the market. Overall, the combination of positive financial indicators and recent stock performance, despite some concerns regarding debt levels, contributes to the upward movement of Manaksia Aluminium's stock price.