Why is Vardhman Special falling/rising?

As of 31-Jul, Vardhman Special Steels Ltd is experiencing a slight increase in its stock price, currently at 268.50, with a change of 0.05 (0.02%) upwards. The stock has been gaining for the last three days, resulting in a total return of 7.62% during this period. It is also outperforming its sector by 0.31%. Despite a recent decline in delivery volume by 15.31% against the 5-day average, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past month, the stock has shown a positive return of 1.90%, contrasting with a decline of 5.76% over the past year. The company benefits from high management efficiency, a strong ability to service debt, and healthy long-term growth in operating profit.
In the broader market context, Vardhman Special Steels Ltd's recent performance is more favorable compared to the benchmark Sensex, which has declined by 1.22% over the past week and 3.00% over the past month. Year-to-date, the stock has significantly outperformed the Sensex, with a return of 17.63% compared to the benchmark's 3.90%. This indicates that while the overall market may be facing challenges, Vardhman Special Steels Ltd is maintaining a positive trajectory, supported by its strong fundamentals and recent price movements.