Why is Usha Martin falling/rising?

As of 26-Jun, Usha Martin Ltd's stock price is rising, currently at 345.50, reflecting an increase of 10.6 or 3.17%. The stock has been on an upward trend, gaining for the last four consecutive days and achieving a return of 11.45% during this period. It outperformed its sector by 1.29% today and reached an intraday high of Rs 349. Although the stock's performance year-to-date shows a decline of 8.05%, it has significantly outperformed the benchmark Sensex over the past week and month, with returns of 11.43% and 8.96%, respectively. The company benefits from high management efficiency, indicated by a return on equity (ROE) of 15.54%, and a strong ability to service debt, as evidenced by a low Debt to EBITDA ratio of 0.63 times. Additionally, institutional holdings have increased by 1.07% over the previous quarter, suggesting confidence from larger investors.
In the broader market context, Usha Martin's recent performance contrasts with the benchmark Sensex, which has returned 2.94% over the past week and 1.92% over the past month. This indicates that Usha Martin is experiencing a stronger recovery compared to the overall market. However, it is important to note that there has been a decline in investor participation, with delivery volume falling by 36.26% against the five-day average, which could indicate a potential concern for sustained momentum. Despite this, the stock remains liquid enough for trading, with a value of Rs 2.03 crore based on 2% of the five-day average traded value.