Why is Usha Martin falling/rising?

As of 27-Jun, Usha Martin Ltd's stock price is rising, currently at 355.00, reflecting an increase of 9.5 or 2.75%. The stock has shown strong performance recently, gaining 14.52% over the past week and outperforming its sector by 2.93% today. It has also been on a consecutive gain streak for the last five days, with a notable intraday high of Rs 361.25. Additionally, the company exhibits high management efficiency with a return on equity (ROE) of 15.54% and a low Debt to EBITDA ratio of 0.63 times, indicating a strong ability to service its debt. Furthermore, institutional holdings have increased by 1.07% over the previous quarter, suggesting confidence from larger investors in the company's fundamentals.
In the broader market context, Usha Martin's short-term return of 14.52% over the past week significantly outpaces the Sensex's return of 2.00% during the same period. However, it is important to note that the stock has underperformed on a year-to-date basis, with a decline of 5.52% compared to the Sensex's increase of 7.58%. Despite a recent drop in delivery volume by 19.16% against the five-day average, the stock remains liquid enough for trading, indicating ongoing interest from investors. Overall, the combination of strong recent performance, institutional support, and efficient management contributes to the stock's upward movement.