Why is Ramco Inds. falling/rising?

As of 13-Aug, Ramco Industries Ltd is experiencing a price increase, currently at Rs 291.15, reflecting a rise of Rs 5.2 or 1.82%. Today, the stock outperformed its sector by 0.47%, reaching an intraday high of Rs 297.35, which is a 3.99% increase. Despite a recent decline in delivery volume by 74.37% compared to the 5-day average, the stock remains liquid enough for trading. Over the past month, Ramco Industries has shown a positive return of 3.82%, and its year-to-date performance stands at 6.96%, significantly outperforming the Sensex, which has only increased by 3.07% during the same period. The company’s low debt-to-equity ratio and strong financial results, including a 66.5% growth in PAT, contribute positively to its valuation and attractiveness to investors.
In the broader market context, while Ramco Industries has shown a decline of 1.94% over the past week, it has outperformed the Sensex, which remained nearly flat at -0.01%. The stock's long-term performance is also noteworthy, with a 29.89% increase over the past year, significantly higher than the Sensex's 2.01% gain. However, there are concerns regarding its long-term growth potential, as net sales and operating profit have only grown at annual rates of 11.43% and 11.65%, respectively, over the last five years. Despite these risks, the stock's recent performance and positive financial indicators suggest a favorable outlook in the near term.