Why is Oil Country falling/rising?

As of 03-Jul, Oil Country Tubular Ltd's stock price is currently at Rs 92.67, reflecting an increase of Rs 2.02 or 2.23%. The stock has shown a positive trend recently, gaining for the last two days with a total return of 5.31% during this period. It has outperformed its sector by 2.65% today and reached an intraday high of Rs 93.82. Over the past month, the stock has experienced a significant rise of 24.98%, and it has consistently delivered impressive returns, including a 135.50% increase over the past year. Positive financial results, such as a 337.41% growth in net sales and a high inventory turnover ratio, have contributed to the stock's upward movement. However, concerns about weak long-term fundamental strength, including a low return on capital employed and high debt levels, pose risks to its valuation.
In the broader market context, the stock's performance over the past week shows a decline of 7.24%, contrasting with the Sensex's minor drop of 0.62%. Despite this short-term setback, the stock has significantly outperformed the benchmark over longer periods, including a remarkable 1042.66% increase over the last three years compared to the Sensex's 57.33%. This indicates that while there may be short-term fluctuations, the stock has demonstrated strong resilience and growth potential in the long run, which may attract investors despite the recent volatility.