Why is Udaipur Cement falling/rising?

As of 08-Jul, Udaipur Cement Works Ltd is experiencing a price increase, currently at 34.74, with a change of 0.24 or 0.7% up. The stock has been gaining for the last two days, showing a return of 0.75% during this period. It is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. However, there has been a notable decline in investor participation, with delivery volume falling by 55.73% compared to the 5-day average. Despite a year-over-year return of -22.46%, the company recently declared positive results after three consecutive negative quarters, with significant improvements in operating profit and net sales, which may be contributing to the stock's recent upward movement.
In the broader market context, Udaipur Cement's short-term performance has significantly outpaced the benchmark Sensex, with a 1-week return of 4.14% compared to the Sensex's mere 0.02%. This strong performance relative to the benchmark, combined with the company's attractive valuation metrics and improved financial results, suggests that investors may be regaining confidence in the stock despite its previous struggles. The stock's liquidity remains adequate for trading, which may also support its recent price rise.