Why is Natl. Aluminium falling/rising?

As of 05-Sep, National Aluminium Company Ltd's stock price is rising, currently at Rs 212.15, reflecting an increase of Rs 5.3 or 2.56%. The stock has outperformed its sector today by 1.55%, reaching an intraday high of Rs 212.95. Over the past week, the stock has shown a remarkable return of 13.94%, significantly higher than the Sensex's 1.13% increase. Additionally, the company has demonstrated strong financial health, with a low debt-to-equity ratio and consistent positive results over the last seven quarters, including a 40.42% growth in net sales and a 197.1% increase in profits over the past year. The stock's attractive valuation, high dividend yield of 4.83%, and strong institutional holdings at 30.82% further bolster investor confidence.
In the broader market context, National Aluminium's short-term performance has significantly outpaced the benchmark, with a 13.94% return over the past week compared to the Sensex's 1.13%. This trend of outperformance is consistent with the company's historical returns, having generated a 20.37% return over the past year while the Sensex has declined by 1.81%. The stock's strong liquidity and consistent returns over the last three years indicate robust investor interest, despite a recent decline in delivery volume. Overall, the combination of strong fundamentals and positive market sentiment contributes to the stock's upward movement.