Why is Prec. Wires (I) falling/rising?

As of 13-Nov, Precision Wires India Ltd's stock price is rising, currently at Rs. 274.45, reflecting an increase of Rs. 43.1 or 18.63%. The stock has reached a new 52-week high of Rs. 277.6 today and has shown strong performance, gaining 21.71% over the last four days. It has outperformed its sector by 16.34% and has demonstrated impressive returns over various periods, including a 60.64% increase over the past year and a staggering 313.43% over the last three years. The company has a low debt-to-equity ratio and has reported healthy growth in net sales and operating profit, contributing to investor confidence and the stock's upward movement.
Broader Market Context: In comparison to the benchmark Sensex, which has only increased by 1.40% over the past week, Precision Wires has outperformed significantly with a 20.00% rise. This strong performance is further supported by increased investor participation, as evidenced by a 236.93% rise in delivery volume compared to the five-day average. The overall positive sentiment in the non-ferrous metal sector, which has gained 2.29%, also contributes to the favorable environment for Precision Wires, enhancing its attractiveness to investors.