Why is Kabra Extrusion falling/rising?

As of 22-Jul, Kabra Extrusion Technik Ltd is experiencing a price increase, currently at 307.00, reflecting a rise of 4.8 or 1.59%. The stock has outperformed its sector today by 2.22%, although it has shown a decline of 1.22% over the past week. While the stock is trading above its 20-day, 50-day, and 100-day moving averages, it remains below its 5-day and 200-day moving averages. Despite a significant drop in delivery volume by 68.38% against the 5-day average, the company maintains a low debt-to-equity ratio and has demonstrated healthy long-term growth with an annual operating profit increase of 43.27%. However, the stock has underperformed over the past year, generating a return of -21.63% while profits have fallen by 27.9%.
In the broader market context, the Sensex has declined by 0.47% over the past week, indicating that Kabra Extrusion's short-term performance is relatively better than the benchmark. However, the stock has significantly underperformed the market over the last year, where the BSE500 has generated a return of 0.99%. Additionally, institutional investors have reduced their stake in the company by 1.13%, which may reflect a lack of confidence in its fundamentals. This decline in institutional participation, coupled with negative financial results such as a 16.93% fall in net sales and a substantial drop in profit before tax, suggests that while the stock may be rising today, there are underlying concerns that could impact its future performance.