Why is Usha Martin falling/rising?

As of 12-Aug, Usha Martin Ltd's stock price is currently at 348.35, reflecting an increase of 7.35, or 2.16%. The stock has shown a positive performance today, outperforming its sector by 1.83% and achieving a consecutive gain over the last two days with a total return of 2.41%. Despite a decline of 5.08% over the past week and 5.88% over the past month, the stock has generated a 3.05% return over the last year, indicating a market-beating performance in the long term. The company also demonstrates high management efficiency with a return on equity (ROE) of 15.54% and a low debt to EBITDA ratio of 0.63 times, which supports its ability to service debt effectively.
In the broader market context, Usha Martin's recent performance contrasts with the benchmark Sensex, which has declined by only 0.59% over the past week and 2.75% over the past month. This suggests that while the stock has faced short-term challenges, it has managed to rebound recently, likely due to its strong fundamentals and management efficiency. The stock's liquidity remains adequate, although there has been a slight decrease in investor participation, as indicated by a 2.17% drop in delivery volume. Overall, the stock's recent rise can be attributed to its strong operational metrics and a recovery from prior declines, despite the broader market's mixed performance.