Why is Everest Kanto falling/rising?

As of 08-Jul, Everest Kanto Cylinder Ltd is experiencing a price increase, currently at Rs 143.15, reflecting a rise of Rs 2.15 or 1.52%. The stock has shown positive momentum, gaining 4.72% over the last two days and outperforming its sector by 2.54% today. It reached an intraday high of Rs 144.8, and the delivery volume has significantly increased by 192.44% compared to the five-day average, indicating rising investor participation. However, despite a modest annual return of 1.17%, the company has faced challenges, including a decline in profit after tax over the last six months and a decrease in institutional investor participation, which may weigh on future performance.
In the broader market context, the stock's one-week return of 2.73% contrasts with the Sensex's negligible increase of 0.02%, suggesting that Everest Kanto is performing well relative to the market in the short term. However, the stock's year-to-date performance shows a decline of 22.64%, while the Sensex has increased by 7.13%, indicating a significant underperformance over a longer period. This disparity highlights the stock's volatility and the potential impact of its recent financial results and investor sentiment on its price movements.