Why is Dhabriya Poly. falling/rising?

As of 29-Jul, Dhabriya Polywood Ltd is experiencing a price increase, currently at Rs 411.25, reflecting a rise of Rs 7.7 or 1.91%. The stock has shown strong performance today, having outperformed its sector by 1.13% and gaining consecutively over the last two days with a total return of 7.74%. It opened with a gain of 2.34% and reached an intraday high of Rs 418. The stock is trading above all its moving averages, indicating a bullish trend. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 1085.19% compared to the five-day average. Positive financial metrics, such as a low debt-equity ratio of 0.53 times and a high operating profit to interest ratio of 9.01 times, further support the stock's upward movement, suggesting strong fundamentals despite a slight decline in annual returns.
In the broader market context, Dhabriya Polywood's short-term returns have significantly outperformed the benchmark Sensex, with a 1-week return of +7.38% compared to the Sensex's -1.03%, and a 1-month return of +9.75% against the Sensex's -3.24%. This indicates that while the overall market may be facing challenges, Dhabriya Polywood is gaining traction and attracting investor interest, likely due to its solid financial performance and favorable valuation compared to peers.