Why is D.P. Abhushan falling/rising?

As of 09-Jul, D.P. Abhushan Ltd's stock price is rising, currently at 1,521.55, reflecting an increase of 69.95 or 4.82%. Today's price summary indicates that the stock has outperformed its sector by 5.19% and has experienced a trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 1552.4, marking a 6.94% increase. Over the past week, the stock has gained 3.75%, while its performance over the last month shows a 2.17% increase, which is notably higher than the Sensex's 1.32% gain during the same period. The company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 28.40% and operating profit growing at 36.48%. Additionally, the promoters have shown rising confidence by increasing their stake in the company by 1.17%, which signals positive expectations for future performance.
In the broader market context, D.P. Abhushan's recent performance has been strong compared to the benchmark, as it has outperformed the Sensex over the last week and month. The stock's year-to-date return of 3.23% is lower than the Sensex's 6.91%, but the stock's one-year return of 9.46% surpasses the Sensex's 3.96%. This suggests that while the stock has been performing well, it is still lagging behind the broader market in terms of year-to-date performance. The rising investor participation, with a significant increase in delivery volume, further supports the positive sentiment surrounding the stock, despite its relatively expensive valuation metrics.