Why is Mauria Udyog falling/rising?

As of 11-Jul, Mauria Udyog Ltd's stock price is currently at 16.30, reflecting an increase of 0.31, or 1.94%. The stock has shown strong performance, with a 10.14% increase over the past week and a remarkable 68.39% rise over the past year. Despite a recent decline in delivery volume by 25.25% compared to the 5-day average, the stock is trading above its moving averages across various time frames, indicating positive momentum. The company's return on capital employed (ROCE) stands at 14.2, suggesting an attractive valuation, and it is trading at a discount compared to its peers. However, it is noteworthy that profits have decreased by 3.1% over the past year, which could temper investor enthusiasm.
In the broader market context, Mauria Udyog has outperformed the benchmark Sensex, which has seen a decline of 1.12% over the past week, while the stock has gained 10.14%. This trend of outperformance is consistent, as the stock has also surpassed the BSE500 index over the last three years, one year, and three months. The liquidity of the stock remains adequate for trading, which supports its positive price movement despite the recent drop in investor participation. Overall, the stock's strong historical performance and attractive valuation contribute to its rising price, even as some concerns about profit declines linger.