Why is K P R Mill Ltd falling/rising?

As of 21-Aug, K P R Mill Ltd's stock price is currently at 1,022.00, reflecting an increase of 4.4 (0.43%). The stock has been on an upward trend, gaining 6.95% over the past week and outperforming its sector by 0.73% today. It opened with a gain of 2.69% and reached an intraday high of Rs 1,044.95. The stock's performance is supported by strong long-term fundamentals, including a robust average Return on Equity (ROE) of 21.02% and healthy growth in net sales and operating profit. Additionally, the company has a low Debt to EBITDA ratio, indicating a strong ability to service its debt, which contributes positively to investor sentiment.
In the broader market context, while the stock has shown a positive return of 17.95% over the past year, the benchmark index (BSE500) has experienced a decline of -1.56% during the same period. This significant outperformance highlights the stock's resilience and attractiveness to investors, particularly given its status as the largest company in its sector, constituting 14.71% of the entire sector. The recent increase in delivery volume, which rose by 51.05% against the 5-day average, further indicates rising investor participation and confidence in the stock's future performance.