Why is Cords Cable falling/rising?

As of 16-Sep, Cords Cable Industries Ltd is experiencing a price increase, currently at Rs 180.35, which reflects a rise of Rs 3.8 or 2.15%. The stock has outperformed its sector today by 1.09%, reaching an intraday high of Rs 188, which is a 6.49% increase. However, despite this positive movement, the stock has shown a year-to-date decline of 13.91% and a one-year decline of 11.59%. The company has reported positive financial results over the last seven consecutive quarters, with significant growth in profit after tax and net sales, indicating strong operational performance. Nevertheless, the stock's valuation remains attractive compared to its peers, trading at a discount, but it also faces challenges such as weak debt servicing ability and low return on equity.
In the broader market context, Cords Cable's short-term performance over the past week shows a gain of 3.68%, which is significantly higher than the Sensex's increase of 1.58% during the same period. This suggests that the stock is gaining traction relative to the overall market. However, the company's long-term growth prospects appear limited, with operating profit growth averaging only 7.43% over the past five years. The decline in investor participation, as evidenced by a 21.95% drop in delivery volume, could also indicate waning interest, which may affect future price movements despite the current uptick.