Why is Vardhman Special falling/rising?

As of 01-Jul, Vardhman Special Steels Ltd's stock price is currently at 263.50, reflecting an increase of 1.9, or 0.73%. The stock has shown a positive trend recently, gaining 1.19% over the last two days, despite opening with a loss of 4.4% today and touching an intraday low of Rs 250.1. In terms of performance, the stock has outperformed its sector by 0.48%. Over the past week, it has increased by 8.59%, although it has seen a decline of 7.62% over the past month. The company exhibits strong management efficiency with a high return on capital employed (ROCE) of 15.08% and a low debt to EBITDA ratio of 0.82, indicating a solid ability to service its debt. Despite a year-over-year return of -14.59%, 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 performance contrasts with the Sensex, which has risen by 2.00% over the past week and 2.76% over the past month. While the stock has shown impressive long-term growth with a 128.98% increase over three years and a staggering 752.06% over five years, its short-term performance has lagged behind the benchmark. The decline in delivery volume by 66% against the five-day average indicates falling investor participation, which could be a concern for future price movements. Overall, while the stock has shown resilience in the face of recent challenges, its recent gains may be tempered by broader market trends and declining trading activity.