Why is D-Link India falling/rising?

As of 16-Sep, D-Link India Ltd's stock price is currently at 509.45, reflecting an increase of 22.95, or 4.72%. The stock has shown positive momentum, outperforming its sector by 4.97% today and has gained 5.1% over the last two days. It reached an intraday high of Rs 518, indicating strong trading activity. The stock's performance over the past week has been positive, with a return of +4.26%, while it has also outperformed the Sensex, which returned +1.58%. Additionally, the company has a low debt-to-equity ratio and a healthy operating profit growth rate of 34.04%, contributing to its attractive valuation and high dividend yield of 4.11%, which may be appealing to investors.
In the broader market context, D-Link's short-term performance has been favorable compared to the benchmark, as it has outperformed the Sensex in both the 1-week and 1-month periods. While the stock has faced challenges over the longer term, with a year-to-date return of -6.65% compared to the Sensex's +5.43%, its recent gains suggest a potential recovery phase. The rising investor participation, indicated by an increase in delivery volume, further supports the notion that the stock is gaining traction among investors, despite its historical underperformance over the past year.