Why is Oil Country falling/rising?

As of 08-Jul, Oil Country Tubular Ltd's stock price is currently at 92.41, reflecting an increase of 0.66 (0.72%). The stock has shown strong performance recently, outperforming its sector by 0.98% today and achieving consecutive gains over the last two days with a total return of 0.99%. Over the past week, the stock has risen by 5.01%, and it has delivered impressive returns of 135.74% over the last year, significantly outperforming the BSE500 index. Positive financial results, including a remarkable 204.07% growth in net sales for the last quarter and a high inventory turnover ratio, have contributed to this upward movement. However, 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, which may pose risks to future performance.
In the broader market context, Oil Country's short-term performance has been notably strong compared to the Sensex, which has only increased by 0.02% over the same week. The stock's year-to-date return of 35.12% also surpasses the Sensex's 7.13%, highlighting its robust performance relative to the market. Despite the positive short-term indicators, the declining investor participation, as evidenced by a 33.88% drop in delivery volume compared to the five-day average, raises questions about the sustainability of this upward trend. Overall, while the stock is currently rising due to strong recent performance and positive financial results, underlying weaknesses in long-term fundamentals may temper investor enthusiasm.