Why is K P R Mill Ltd falling/rising?

As of 11-Aug, K P R Mill Ltd's stock price is currently at Rs 995.00, reflecting an increase of Rs 12.0 or 1.22%. The stock has shown a trend reversal, gaining after three consecutive days of decline. Despite this positive movement today, the stock has underperformed in the short term, with a 1-week return of -5.17% and a 1-month return of -16.97%. Additionally, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. The delivery volume has also significantly decreased, suggesting falling investor participation. However, the company maintains strong long-term fundamentals, with a healthy average Return on Equity (ROE) of 21.02% and robust growth in net sales and operating profit.
In the broader market context, K P R Mill Ltd has outperformed the sector today, gaining 1.2% compared to the overall market (BSE500), which has generated negative returns of -1.85% over the past year. While the stock has seen a decline in the short term, its long-term performance remains strong, with a 1-year return of 11.21%, compared to the Sensex's 1.13%. The company's substantial market capitalization of Rs 33,600 crore and its significant share of the sector further bolster its position, despite recent price fluctuations. Overall, while the stock is experiencing a rise today, the recent trends and investor participation indicate a cautious outlook in the near term.