Why is Craftsman Auto falling/rising?

As of 04-Jul, Craftsman Automation Ltd's stock price is currently at 5,908.85, reflecting an increase of 177.35 or 3.09%. Today, the stock opened with a loss of 2.02% but later reached an intraday high of Rs 6,365.5, showcasing a significant recovery with a total intraday volatility of 6.5%. Over the past week, the stock has outperformed the sector by 2.35%, and it has shown strong performance with a 10.59% increase year-to-date. Despite a recent decline in delivery volume by 79.49% against the 5-day average, the stock is trading above all its key moving averages, indicating a positive trend. The company benefits from high management efficiency, a robust growth rate in net sales, and significant institutional holdings, which contribute to its favorable valuation compared to peers.
In the broader market context, Craftsman Automation's short-term return of 7.22% over the past week stands in stark contrast to the Sensex, which has declined by 0.74%. This indicates that the stock is gaining traction even as the overall market faces challenges. While the stock has generated a modest return of 3.59% over the past year, it has faced pressures with a notable decline in profits. Nonetheless, its consistent performance over the last three years and the backing of institutional investors suggest a resilient outlook amidst market fluctuations.