Why is Dixon Technolog. falling/rising?

As of 03-Sep, Dixon Technologies (India) Ltd is experiencing a price increase, currently at ₹17,770.00, reflecting a rise of ₹221.1 or 1.26%. The stock has outperformed its sector by 0.41% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 6.55%, while it has shown a 5.55% increase over the past month. Despite a year-to-date decline of 0.90%, the stock has delivered a substantial 36.93% return over the last year. Positive factors contributing to this upward movement include strong long-term fundamentals, with a robust average Return on Equity (ROE) of 21.32%, and impressive growth in net sales and operating profit. However, there are concerns regarding decreasing promoter confidence, as they have reduced their stake by 3.32%, which may indicate a lack of confidence in the company's future prospects.
In the broader market context, Dixon Technologies has significantly outperformed the benchmark Sensex, which has seen a slight decline of 0.27% over the past week. While the stock has shown strong returns over the last year and three years, the overall market has not performed as well, with the Sensex down 2.41% year-on-year. This contrast highlights the stock's resilience and attractiveness to investors despite broader market challenges. The liquidity of the stock remains adequate for trading, although there has been a notable decrease in investor participation, with delivery volume falling by 57.28% against the 5-day average.