Why is Sh. Dinesh Mills falling/rising?

As of 02-Jul, Shri Dinesh Mills Ltd is experiencing a price increase, currently at Rs 320.00, reflecting a rise of Rs 3.55 or 1.12%. Today, the stock opened with a gain of 2.62% and reached an intraday high of Rs 329, indicating positive momentum. The stock has outperformed its sector by 0.9% today, and there has been a significant increase in investor participation, with delivery volume rising by 105.96% compared to the 5-day average. Despite a challenging year with a return of -39.63%, the company boasts a high dividend yield of 9.48% and is trading at a discount relative to its peers, which may attract investors looking for value.
In the broader market context, the stock's recent performance contrasts with the benchmark, as it has underperformed against the Sensex over the past week, month, and year, with returns of -2.74%, -1.54%, and -39.63%, respectively. While the stock has shown some positive movement today, its long-term growth prospects remain concerning due to flat net sales growth and declining profits. The consistent underperformance against the benchmark over the last three years further complicates its outlook, despite its attractive valuation metrics and high dividend yield.