Why is R R Kabel falling/rising?

As of 23-Jul, R R Kabel Ltd's stock price is rising, currently at Rs 1,462.00, reflecting an increase of Rs 31.15 or 2.18%. The stock has shown strong performance recently, outperforming its sector by 2.6% today and achieving a consecutive gain over the last two days with a total return of 2.31%. Additionally, the stock has risen 4.67% over the past week and 10.15% over the past month, while it is trading above all key moving averages. However, there is a notable decline in investor participation, with delivery volume dropping by 66.09% compared to the 5-day average. The company benefits from a low debt-to-equity ratio and healthy long-term growth, with net sales increasing at an annual rate of 20.20%. Despite a negative return of -15.75% over the past year, the company has shown profit growth of 4%, and high institutional holdings at 22.2% suggest confidence among larger investors.
In the broader market context, R R Kabel's short-term performance has significantly outpaced the benchmark Sensex, which has only increased by 0.11% over the past week and 1.01% over the past month. This indicates that while the stock has been rising, the overall market has been relatively stagnant. However, it is important to note that the stock has consistently underperformed against the benchmark over the last three years, which may raise concerns among investors about its long-term viability despite recent positive indicators.