Why is Everest Kanto falling/rising?

As of 29-Aug, Everest Kanto Cylinder Ltd is experiencing a price increase, with its current price at 137.05, reflecting a change of 1.05 (0.77%) upward. The stock has shown a trend reversal, gaining after three consecutive days of decline. Despite a recent outperformance of 1.18% against its sector today, the stock has a mixed performance over various periods, with a 1-week decline of 5.38% and a year-to-date drop of 25.94%. The company has a low Debt to Equity ratio of 0.08, indicating financial stability, and has reported healthy long-term growth with an operating profit increase of 27.20%. However, the stock's performance over the past year has been poor, with a return of -26.79%, despite a profit increase of 8.2%, suggesting that while the company is fundamentally sound, market sentiment may be affecting its valuation.
Broader market context indicates that while Everest Kanto has outperformed its sector today, it has underperformed the benchmark Sensex over the past week and month, with the Sensex declining by 1.84% in the last week and 1.88% in the last month. The stock's liquidity remains adequate, but a significant drop in delivery volume by 58.57% against the 5-day average suggests a decrease in investor participation, which could be a concern for future price movements. Overall, the stock's recent rise may be attributed to a combination of positive operational results and a temporary reversal in price trend, despite ongoing challenges reflected in its longer-term performance metrics.