Why is Usha Martin falling/rising?

As of 14-Jul, Usha Martin Ltd's stock price is rising, currently at Rs 388.75, reflecting an increase of Rs 18.65 or 5.04%. The stock has been on an upward trend, gaining for the last three days with a total return of 6.07% during this period. It has outperformed its sector by 5.07% today and is trading above all key moving averages, indicating strong momentum. Additionally, the stock has shown impressive returns over various periods, including a 25.81% increase over the past month and a staggering 199.73% rise over the last three years. The company's high management efficiency, indicated by a return on equity of 15.54%, and a low debt to EBITDA ratio of 0.63 times further bolster investor confidence. Furthermore, institutional holdings have increased by 1.07% over the previous quarter, suggesting strong backing from knowledgeable investors.
In the broader market context, Usha Martin's short-term performance stands out as it has gained 4.21% over the past week while the Sensex has declined by 1.42%. This significant outperformance highlights the stock's resilience and attractiveness compared to the overall market. Despite a decrease in delivery volume, which fell by 48.21% against the five-day average, the stock remains liquid enough for trading. Overall, the combination of strong financial metrics, positive institutional sentiment, and recent price momentum contributes to the stock's rising trajectory amidst a challenging market environment.