Why is Oil Country falling/rising?

As of 24-Jun, Oil Country Tubular Ltd's stock price is rising, currently at Rs 87.69, reflecting an increase of Rs 6.1 or 7.48%. The stock has demonstrated strong performance, gaining 13.02% over the last three days and outperforming its sector by 6.19% today. It opened with a gain of 2.65% and reached an intraday high of Rs 89.74. The company has reported positive results for the last four consecutive quarters, with net sales growing significantly by 337.41% in the latest six months. Additionally, the stock has consistently outperformed the BSE 500 index over the past three years, generating a remarkable 128.36% return in the last year alone.
In the broader market context, Oil Country's short-term performance stands out, with a 10.44% increase over the past week compared to a modest 0.58% rise in the Sensex. This indicates that the stock is not only performing well on its own but is also gaining traction relative to the overall market. However, it is important to note that there are concerns regarding the company's long-term fundamental strength, as indicated by a low return on capital employed and a high debt-to-EBITDA ratio. Despite these risks, the recent positive financial results and strong investor participation have contributed to the stock's upward movement.