Why is Mauria Udyog falling/rising?

As of 15-Jul, Mauria Udyog Ltd's stock price is currently at 18.28, reflecting an increase of 0.77 or 4.4%. The stock has shown strong performance recently, gaining 14.32% over the last three days and outperforming its sector by 4.03% today. Over the past week, it has risen by 17.94%, and in the last month, it has increased by 29.83%. Additionally, the stock is trading above all its moving averages, indicating a positive trend. Despite a 3.1% decline in profits over the past year, the stock's return of 97.20% has been impressive, and it is trading at a discount compared to its peers, which contributes to its attractive valuation.
In the broader market context, while Mauria Udyog has outperformed the Sensex, which has declined by 1.36% over the past week, the stock's strong performance is notable, especially given its 52.33% year-to-date return compared to the Sensex's 5.67%. This indicates that investor sentiment remains positive towards Mauria Udyog, particularly in light of rising investor participation and liquidity. The stock's ability to consistently outperform both its sector and the broader market over various time frames further reinforces its upward momentum.