Why is NRB Bearings falling/rising?

As of 19-Sep, NRB Bearings Ltd is currently priced at 285.50, reflecting an increase of 1.55, or 0.55%. The stock has been gaining for the last two days, with a total return of 1.03% during this period. It has outperformed its sector by 0.36% today. However, the stock's delivery volume has decreased by 26.96% compared to the five-day average, indicating a decline in investor participation. Despite a year-to-date return of 1.44%, the stock has experienced a decline of 8.89% over the past year, although its profits have risen by 45.3%. The company maintains a strong ability to service debt with a low Debt to EBITDA ratio of 1.06 times and shows healthy long-term growth with an annual operating profit growth rate of 72.65%.
In the broader market context, NRB Bearings has outperformed the Sensex over the past week, with a return of 1.82% compared to the benchmark's 0.88%. However, over the past month, the stock has underperformed, declining by 1.96% while the Sensex has increased by 1.20%. The stock is trading at a discount compared to its peers' average historical valuations, which may attract investors looking for value. With a return on capital employed (ROCE) of 14.9 and a PEG ratio of 0.5, the stock appears fairly valued, suggesting that its recent price movement could be supported by its strong fundamentals despite the mixed performance against the benchmark.