Why is Dixon Technolog. falling/rising?

As of 23-Sep, Dixon Technologies (India) Ltd is experiencing a slight increase in its stock price, currently at 18,101.75, reflecting a change of 22.3 or 0.12% upward. The stock has shown a trend reversal, gaining after two consecutive days of decline. Although it is performing inline with its sector, the stock's delivery volume has decreased significantly by 44.95% compared to the 5-day average, indicating falling investor participation. Despite this, the company boasts strong long-term fundamentals, including a robust return on equity of 21.32% and impressive growth in net sales and operating profit. However, there are concerns regarding reduced promoter confidence, as they have decreased their stake by 3.32%, which may signal uncertainty about the company's future.
Broader market context data is not available for comparison with benchmark returns. Nevertheless, it is noteworthy that Dixon Technologies has outperformed the BSE500 over the last three years, one year, and three months, generating a return of 27.34% in the past year. This strong performance, coupled with healthy financial metrics such as a low debt-to-EBITDA ratio and consistent positive results over the last ten quarters, suggests that the stock's recent price movement may be supported by its solid fundamentals, despite the recent dip in investor participation and promoter confidence.