Why is Venus Pipes falling/rising?

As of 15-Jul, Venus Pipes & Tubes Ltd is experiencing a price increase, currently at 1,633.50, reflecting a rise of 15.75 or 0.97%. The stock has shown strong performance recently, with a 2-day consecutive gain of 2.17% and an outperformance against its sector by 0.9%. Over the past week, the stock has risen by 4.01%, significantly outperforming the Sensex, which has declined by 1.36%. Additionally, Venus Pipes has demonstrated robust long-term growth, with net sales increasing at an annual rate of 35.31% and operating profit at 46.11%. The company also benefits from high management efficiency, as indicated by a return on capital employed (ROCE) of 31.02%, and a low debt to EBITDA ratio of 0.85 times, which enhances its ability to service debt. However, it is worth noting that investor participation has decreased, with delivery volume falling by 51.93% against the 5-day average.
In the broader market context, Venus Pipes' recent performance contrasts sharply with the benchmark, as it has achieved a 17.00% return over the past month compared to the Sensex's 1.79% increase. This indicates a strong relative strength in the stock, particularly in the short term. Despite the overall market conditions, which have seen the stock down 25.82% over the past year while the Sensex has gained 2.36%, the recent positive trends in management efficiency and institutional holdings, which have increased by 1.96% over the previous quarter, suggest a favorable outlook for the company moving forward.