Why is Pradeep Metals falling/rising?

As of 25-Aug, Pradeep Metals Ltd. is experiencing a slight increase in its stock price, currently at 240.50, reflecting a change of 1.55 or 0.65% upward. The stock's performance today is in line with its sector, and it is trading above its 5-day moving averages, although it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. In the past week, the stock has shown a positive return of 3.22%, contrasting with a significant decline of 24.86% over the past month. Despite a year-to-date drop of 8.82%, the stock has demonstrated impressive long-term growth, with a 3-year return of 110.78% and a 5-year return of 505.79%. The company benefits from high management efficiency, indicated by a return on capital employed (ROCE) of 17.91%, and is trading at a discount compared to its peers, which may attract investor interest.
In the broader market context, Pradeep Metals' recent performance has outpaced the benchmark Sensex, which has only increased by 0.45% over the past week. The stock's liquidity is deemed sufficient for trading, with a delivery volume that has risen by 18% compared to the 5-day average. However, it is important to note that while the stock has seen a minor uptick recently, it has faced challenges, including a 5.5% decline in profits over the past year, contributing to its overall negative return of 17.07%. The presence of majority shareholders, the promoters, may also influence investor confidence and stock stability moving forward.