Why is Dynamic Cables falling/rising?

As of 26-Jun, Dynamic Cables Ltd is experiencing a price increase, currently at 955.60, reflecting a rise of 10.0 or 1.06%. The stock has shown strong performance recently, with a consecutive gain over the last three days, resulting in a total return of 4.12% during this period. It has outperformed its sector by 0.56% today and has been trading above its moving averages across various time frames. Additionally, the stock has demonstrated impressive returns over the past year, with a 60.73% increase, and a remarkable 839.16% rise over the last three years. The company's strong financial metrics, including a low Debt to EBITDA ratio of 0.70 times and a significant net profit growth of 71.1%, contribute positively to investor sentiment, despite the lack of domestic mutual fund investment, which may indicate some caution among institutional investors.
Broader market context shows that Dynamic Cables has outperformed the benchmark Sensex in the short term, with a 7.74% return over the past week compared to the Sensex's 2.94%. This trend of outperformance continues in the one-month period, where Dynamic Cables achieved a 15.13% return against the Sensex's 1.92%. The stock's strong performance relative to the broader market, combined with its solid financial results and consistent returns over the years, suggests a positive outlook, although the absence of domestic mutual fund holdings may pose a risk to its perceived stability.