Why is Natl. Aluminium falling/rising?

As of 24-Jul, National Aluminium Company Ltd's stock price is currently at 198.80, reflecting an increase of 0.7 (0.35%). The stock has been on an upward trend, gaining for the last four consecutive days and achieving a total return of 5.69% during this period. It is also outperforming its sector by 0.26%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Despite a recent decline in delivery volume by 34.62% against the 5-day average, the company boasts a high dividend yield of 5.05% and a low debt-to-equity ratio, which contributes to its attractiveness. Additionally, the company has reported significant growth in operating profit and net profit, with consistent positive results over the last six quarters, further supporting the stock's upward movement.
In the broader market context, the stock's performance over the past week shows a return of 5.19%, while the benchmark Sensex has slightly declined by 0.09%. This indicates that National Aluminium is outperforming the market in the short term. The company has demonstrated consistent returns over the last three years, significantly outpacing the BSE500 index. With a market capitalization of Rs 36,384 crore, it holds a substantial position within its sector, constituting 18.57% of the industry. The high institutional holdings at 30.82% suggest that knowledgeable investors are confident in the company's fundamentals, which may also be contributing to the stock's rising price.