Why is Black Box falling/rising?

As of 15-Jul, Black Box Ltd is experiencing a price increase, currently at Rs 538.00, reflecting a rise of 18.0 points or 3.46%. Today's performance indicates that the stock has outperformed its sector by 2.68% and has shown a trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 538 and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a significant drop in delivery volume by 45.68% compared to the 5-day average, 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-high net sales and PAT for the last quarter.
In the broader market context, Black Box Ltd has shown a short-term return of +1.51% over the past week, contrasting with the Sensex, which has declined by 1.36% during the same period. This indicates that the stock is performing well relative to the benchmark. Over the last year, Black Box has generated a return of +32.58%, significantly outperforming the Sensex's +2.36%. The company's consistent performance over the past three years, with substantial returns and a strong ability to service debt, supports the positive momentum in its stock price despite the recent drop in investor participation.