Why is Mayur Floorings falling/rising?

As of 12-Aug, Mayur Floorings Ltd is experiencing a price increase, with the current price at 16.31, reflecting a change of 0.31 or 1.94% upward. The stock has shown positive performance today, outperforming its sector by 1.32% and achieving a consecutive gain over the last two days with a total return of 2.71%. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a decline in delivery volume by 20.68% against the 5-day average, the stock's attractive valuation, indicated by a return on capital employed (ROCE) of 3.7 and a PEG ratio of 0.1, suggests it is trading at a discount compared to its peers. The stock has generated a significant return of 30.58% over the past year, while profits have increased by 4%, contributing to its strong performance.
In the broader market context, Mayur Floorings has outperformed the benchmark Sensex over the past week, with a return of +3.95% compared to the Sensex's -0.59%. This trend of outperformance is consistent with its historical performance, as the stock has also surpassed the BSE500 index over the last three years, one year, and three months. The stock's liquidity remains adequate for trading, which supports its recent price movements. Overall, the combination of strong short-term gains, attractive valuation metrics, and a solid long-term performance record contributes to the rising stock price of Mayur Floorings Ltd.