Why is Natl. Aluminium falling/rising?

As of 03-Sep, National Aluminium Company Ltd's stock price is rising, currently at 207.10, reflecting an increase of 6.75 or 3.37%. The stock has shown strong performance recently, gaining 12.13% over the last four days and outperforming its sector by 0.31% today. It has also touched an intraday high of Rs 208.25. The stock's performance over the past week and month has been impressive, with returns of +11.55% and +14.67%, respectively. Key positive factors contributing to this rise include a low debt-to-equity ratio, consistent positive results over the last seven quarters, and a high dividend yield of 4.96%. Additionally, the company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 124.15%, and a robust return on equity of 17.8%.
In the broader market context, while the Sensex has experienced a slight decline of 0.27% over the past week, National Aluminium's performance stands in stark contrast, showcasing its resilience and strength. The stock's significant outperformance relative to the benchmark indicates strong investor confidence, bolstered by high institutional holdings at 30.82%. This suggests that institutional investors, who typically have better resources for analyzing company fundamentals, are optimistic about the company's future prospects. Overall, the combination of strong financial performance, positive market sentiment, and favorable sector dynamics has contributed to the stock's upward movement.