Why is Black Box falling/rising?

As of 01-Jul, Black Box Ltd's stock price is rising, currently at 545.00, reflecting an increase of 22.0 or 4.21%. The stock has shown strong performance recently, gaining 9.45% over the last three days and outperforming its sector by 4.34% today. It opened with a gain of 2.1% and reached an intraday high of Rs 549.15, indicating positive momentum. Additionally, the stock has consistently outperformed the benchmark Sensex over various periods, including a 41.60% return over the past year and a remarkable 272.14% over three years. The company has demonstrated strong financial health with a low Debt to EBITDA ratio of 0.93 times and has reported positive results for the last nine consecutive quarters, including record net sales and profit after tax.
In the broader market context, Black Box Ltd's recent performance has significantly outpaced the Sensex, which has only increased by 2.00% over the past week and 2.76% over the past month. This indicates that investor sentiment towards Black Box is notably more favorable compared to the overall market. However, there are concerns regarding the company's long-term growth, as evidenced by a modest annual growth rate in net sales and operating profit over the last five years. Despite these concerns, the stock's current valuation appears attractive compared to its peers, as it trades at a discount to average historical valuations, which may contribute to its rising price in the short term.