Why is NDR Auto Compon. falling/rising?

As of 27-Jun, NDR Auto Components Ltd is experiencing a significant rise in its stock price, currently at 1,079.75, reflecting an increase of 109.75 or 11.31%. The stock has reached a new 52-week high of Rs 1103.65 today and has outperformed its sector by 10.63%. Over the past week, the stock has gained 4.73%, and it has shown impressive returns of 149.36% over the last year and 1140.56% over the last three years. Despite the positive performance, there has been a notable decline in investor participation, with delivery volume dropping by 64.24% against the 5-day average. The company maintains a low debt-to-equity ratio and has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 58.08% and operating profit at 152.81%. The consistent positive results over the last 16 quarters have contributed to the stock's upward momentum.
In the broader market context, NDR Auto Components Ltd has outperformed the Sensex, which has only increased by 2.00% over the past week and 7.58% year-to-date, compared to the stock's impressive 53.59% increase in the same timeframe. This strong performance relative to the benchmark indicates a robust investor confidence in the company, despite the recent drop in trading volume. The stock's ability to consistently generate returns and maintain a strong operating profit margin further supports its rising price, suggesting that investors are optimistic about its future growth potential.