Why is Dixon Technolog. falling/rising?

As of 12-Sep, Dixon Technologies (India) Ltd is experiencing a price increase, currently valued at 18,099.10, reflecting a rise of 65.1 points or 0.36%. The stock has shown a positive performance today, gaining 1.08% over the last two days and trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has demonstrated strong long-term fundamentals, with a robust return on equity of 21.32%, and has reported significant growth in net sales and operating profit. Additionally, the stock has consistently outperformed the broader market, generating a 40.69% return over the past year, despite a slight reduction in promoter confidence, as they have decreased their stake by 3.32%.
In the broader market context, Dixon Technologies has outperformed the Sensex over the past week, with a return of 1.53% compared to the benchmark's 1.48%. Over the past month, the stock has significantly outperformed the Sensex, with a return of 14.38% against the benchmark's 2.08%. This strong performance indicates that investor sentiment remains positive, bolstered by the company's healthy financial results and consistent growth, despite some concerns regarding promoter confidence and valuation metrics.