Why is K P R Mill Ltd falling/rising?

As of 11-Jul, K P R Mill Ltd is experiencing a price increase, with the current price at Rs 1,198.40, reflecting a rise of 6.2 points or 0.52%. The stock has shown resilience by gaining after two consecutive days of decline, and it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite a recent intraday low of Rs 1,168.05, the stock has outperformed its sector by 2.04%. Over the past week, K P R Mill Ltd has returned 0.63%, while its performance over the last month shows a notable increase of 6.47%. The company boasts strong long-term fundamentals, including an average Return on Equity (ROE) of 21.02% and a low Debt to EBITDA ratio of 0.53, which supports its ability to service debt effectively. However, there are concerns regarding a flat profit growth of only 1.2% over the past year, despite a significant return of 40.53%, indicating a very expensive valuation with a PEG ratio of 41.5.
In the broader market context, K P R Mill Ltd's recent performance contrasts with the Sensex, which has declined by 1.12% over the past week. The stock's ability to generate a 20.40% return year-to-date, compared to the Sensex's 5.58%, highlights its strong market position. Additionally, the company's high institutional holdings at 22.74% suggest confidence from more sophisticated investors, which may contribute to its upward price movement. Overall, while the stock is currently rising, the decline in delivery volume and concerns about valuation could pose risks moving forward.