Why is Rane (Madras) falling/rising?

As of 03-Sep, Rane (Madras) Ltd's stock price is currently at 861.65, reflecting an increase of 9.1, or 1.07%. The stock has been gaining for the last two days, with a total return of 3.47% during this period, and it has outperformed its sector by 1.48%. Despite a recent decline of 1.86% over the past week and a significant drop of 27.41% over the past year, the company has shown healthy long-term growth with an annual operating profit increase of 31.52%. Positive financial results, including the highest operating cash flow and a strong operating profit to interest ratio, indicate robust performance, although the stock's profits have fallen by 78.8% over the past year. The stock is currently trading at a discount compared to its peers, suggesting an attractive valuation.
In the broader market context, Rane (Madras) Ltd's short-term performance has been relatively better than the benchmark, as it has outperformed the Sensex by 1.48% today. While the stock has experienced a decline of 1.86% over the past week, the Sensex has only decreased by 0.27%, indicating that Rane (Madras) is facing specific challenges that are not affecting the broader market to the same extent. The stock's liquidity remains adequate, with a notable increase in delivery volume, which may suggest rising investor interest despite the overall negative trends in its year-to-date performance.