Why is Usha Martin falling/rising?

As of 16-Jul, Usha Martin Ltd's stock price is currently at Rs 381.00, reflecting a decrease of Rs 10.15 or 2.59%. The stock has underperformed its sector by 2.09% today and has experienced a trend reversal after four consecutive days of gains. It touched an intraday low of Rs 380.45, indicating a decline of 2.74%. Despite this drop, the stock has shown strong performance over the past month with a return of 23.90%, significantly outperforming the Sensex, which only gained 1.02%. Additionally, the company maintains a high management efficiency with a return on equity (ROE) of 15.54% and a low debt to EBITDA ratio of 0.63, suggesting a strong ability to service debt. Institutional holdings have also increased by 1.07% over the previous quarter, indicating confidence from larger investors.
In the broader market context, Usha Martin's recent performance contrasts with the Sensex, which has declined by 1.08% over the past week while the stock itself has gained 3.96%. However, the year-to-date return of 1.40% lags behind the Sensex's 5.75% gain, suggesting that while the stock has shown resilience in the short term, it has not kept pace with the broader market over a longer horizon. The liquidity of the stock remains adequate, with a delivery volume increase of 66.56% against the five-day average, which may support future trading activity despite the current price decline.