Why is Dixon Technolog. falling/rising?

As of 08-Sep, Dixon Technologies (India) Ltd is experiencing a price increase, currently at 18,011.45, reflecting a rise of 184.45 or 1.03%. The stock has shown strong performance, outperforming the sector by 0.35% today and trading above all key moving averages. Over the past week, the stock has gained 2.42%, and it has delivered a remarkable 49.33% return over the last year, significantly outperforming the Sensex, which has declined by 0.49% during the same period. Despite a recent drop in investor participation, with delivery volume falling by 62.11% against the 5-day average, the company's strong fundamentals, including a robust return on equity of 21.32% and consistent growth in net sales and net profit, support its upward price movement.
In the broader market context, Dixon Technologies has outperformed the benchmark Sensex, which has only seen a 0.53% increase over the past week. The company's strong long-term growth prospects, evidenced by a net sales growth rate of 64.28% and a low debt-to-EBITDA ratio, contribute positively to investor sentiment. However, there are concerns regarding decreasing promoter confidence, as they have reduced their stake by 3.32%, which may signal potential risks. Despite this, the overall strong performance metrics and market position of Dixon Technologies suggest that the stock's recent rise is driven by solid fundamentals, even as it faces some challenges.