Why is Dhanalaxmi Roto falling/rising?

As of 08-Sep, Dhanalaxmi Roto Spinners Ltd is experiencing a significant rise in its stock price, currently at 100.04, reflecting an increase of 16.99 or 20.46%. Today's price summary indicates that the stock opened lower with a loss of 2.83% but reached an intraday high of Rs 100.04, showcasing high volatility with an intraday fluctuation of 10.7%. Over the past week, the stock has outperformed the sector by 19.42%, and its performance over the last year shows a return of 14.10%, which is notably higher than the benchmark Sensex's decline of 0.49%. The company also demonstrates strong fundamentals, including a high return on equity (ROE) of 20.11%, low debt-to-equity ratio, and impressive growth in net sales and operating profit.
Broader market context reveals that while the stock has shown robust short-term performance, with a 21.63% increase over the past week compared to the Sensex's modest gain of 0.53%, it is essential to note the decline in investor participation, as evidenced by a 63.6% drop in delivery volume. Despite this, the stock's attractive valuation and consistent returns over the past three years contribute positively to its current upward trajectory. The combination of strong financial performance and favorable market conditions has led to the stock's rise, even amidst some volatility and reduced trading volume.