Why is Usha Martin falling/rising?

As of 25-Jun, Usha Martin Ltd's stock price is currently at Rs 334.90, reflecting an increase of Rs 4.5 or 1.36%. The stock has shown a positive trend recently, gaining 8.03% over the last three days and outperforming its sector by 0.37% today. It reached an intraday high of Rs 341.25, indicating strong investor interest, as evidenced by a significant increase in delivery volume, which rose by 51.01% compared to the five-day average. Despite a year-to-date decline of 10.87% and a one-year drop of 14.94%, the company's high management efficiency, as shown by a return on equity (ROE) of 15.54%, and a low debt to EBITDA ratio of 0.63 times contribute positively to its recent price movement. Additionally, the stock is trading at a discount compared to its peers, which may attract more investors.
In the broader market context, Usha Martin's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 1.61% over the past week. While the stock has underperformed over the longer term, with a year-to-date decline compared to the Sensex's gain of 5.91%, the recent uptick in price suggests a potential recovery phase. The increase in institutional holdings by 1.07% over the previous quarter indicates growing confidence among larger investors, which may further support the stock's upward momentum in the near term.