Why is Dynamic Cables falling/rising?

As of 03-Jul, Dynamic Cables Ltd is experiencing a price increase, currently at 950.00, reflecting a rise of 53.75 or 6.0%. Today's performance indicates that the stock has outperformed its sector by 4.57%, reaching an intraday high of Rs 966.15, which is a 7.8% increase. Over the past month, the stock has shown a positive return of 8.94%, significantly outperforming the Sensex's 3.10% gain. The company has demonstrated strong financial health, with a low Debt to EBITDA ratio of 0.70 times and a remarkable growth in net profit of 71.1%. Additionally, it has consistently delivered positive results over the last three quarters, contributing to its attractive valuation and robust performance metrics, such as a return on equity (ROE) of 17.3 and a price-to-book value of 6.2.
In the broader market context, the stock's short-term performance has been slightly better than the benchmark, with a 1-week return of -0.59% compared to the Sensex's -0.62%. Despite this, the stock's year-to-date performance shows a decline of 1.36%, contrasting with the Sensex's gain of 6.53%. The falling investor participation, evidenced by a 34.77% decrease in delivery volume, raises some concerns about liquidity, although the stock remains liquid enough for trading. The lack of domestic mutual fund investment, which stands at 0%, may indicate a lack of confidence among institutional investors, potentially impacting future price movements.