Why is Vardhman Special falling/rising?

As of 11-Sep, Vardhman Special Steels Ltd is experiencing a price increase, with its current price at Rs 273.30, reflecting a rise of Rs 4.5 or 1.67%. The stock has shown strong performance today, outperforming its sector by 1.9% and reaching an intraday high of Rs 275, which is a 2.31% increase. Over the past week, the stock has risen by 2.78%, and in the last month, it has gained 7.53%. Additionally, Vardhman Special Steels is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company also demonstrates high management efficiency with a return on capital employed (ROCE) of 15.08%, a low debt to EBITDA ratio of 0.82 times, and a robust annual operating profit growth rate of 61.70%, all contributing positively to its recent stock movement.
In the broader market context, Vardhman Special Steels has outperformed the Sensex, which has only increased by 1.03% over the past week, while the stock itself has risen significantly more. The stock's year-to-date performance shows a gain of 19.74%, compared to the Sensex's 4.36%, indicating a strong relative strength. The rising investor participation, with a delivery volume increase of 64.76% against the 5-day average, further supports the stock's upward momentum, suggesting that investor confidence is growing in the company’s long-term prospects.