Why is Vardhman Special falling/rising?

As of 30-Jun, Vardhman Special Steels Ltd is experiencing a price increase, currently at Rs 261.60, reflecting a rise of 1.2 (0.46%). The stock has outperformed its sector today, and it reached an intraday high of Rs 265.7, which is a 2.04% increase. Over the past week, the stock has shown a strong performance with a return of +6.43%, although it has struggled over the past month with a decline of -8.29%. The company demonstrates high management efficiency with a return on capital employed (ROCE) of 15.08% and a low debt to EBITDA ratio of 0.82, indicating a strong ability to service debt. Despite a year-over-year return of -16.48%, the company's profits have increased by 1.6%, suggesting a potential for recovery.
In the broader market context, Vardhman Special Steels Ltd's recent short-term performance has significantly outpaced the Sensex, which has only risen by 2.09% over the same week. This indicates that investor sentiment may be more favorable towards Vardhman compared to the overall market. However, there is a noted decline in investor participation, with delivery volume falling by 31.25% against the 5-day average, which could signal caution among investors. Despite this, the stock's liquidity remains adequate for trading, and it is currently trading at a discount compared to its peers' average historical valuations, which may attract more investors looking for value opportunities.