Why is Wonder Electric. falling/rising?

As of 14-Nov, Wonder Electricals Ltd is experiencing a price increase, currently at Rs 160.30, which reflects a rise of Rs 12.4 or 8.38%. The stock has shown strong performance today, outperforming its sector by 7.35% and reaching an intraday high of Rs 164, marking a 10.89% increase. Over the past week, the stock has gained 8.20%, and in the last month, it has risen by 15.99%. Despite a year-to-date decline of 3.87%, the stock has generated a notable return of 17.91% over the past year, outperforming the BSE500 in each of the last three annual periods. However, there are concerns regarding its recent financial performance, including negative results reported for September, which may impact investor sentiment.
In the broader market context, the stock's short-term return of 8.20% over the past week significantly outpaces the Sensex's gain of 1.62% during the same period. While the stock has shown consistent returns over the last three years, its current valuation appears expensive with a high enterprise value to capital employed ratio, and domestic mutual funds hold no stake in the company, indicating potential caution among institutional investors. This lack of confidence may reflect concerns about the company's financial health, particularly given the lowest operating profit to interest ratio and net sales reported in the latest quarter.