Why is Dynamic Cables falling/rising?

As of 08-Jul, Dynamic Cables Ltd is experiencing a price increase, currently at 1,003.00, which reflects a rise of 4.5 (0.45%). The stock has shown strong performance recently, with a consecutive gain over the last four days, resulting in a total return of 11.91% during this period. It has outperformed its sector by 0.82% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past year, the stock has generated a remarkable return of 70.85%, supported by a significant net profit growth of 71.1% and positive results for the last three consecutive quarters. The company's low debt-to-EBITDA ratio and attractive valuation further bolster investor confidence, despite the lack of domestic mutual fund investment, which may indicate some caution in the market.
In the broader market context, Dynamic Cables has outperformed the Sensex, which has only seen a marginal increase of 0.02% over the past week, while Dynamic Cables has surged by 9.02% in the same timeframe. This stark contrast highlights the stock's strong momentum relative to the benchmark. The company's consistent returns over the last three years and its ability to maintain a low debt-equity ratio contribute to a favorable outlook, making it an attractive option for investors despite the noted risk of low domestic mutual fund holdings.