Why is Kajaria Ceramics falling/rising?

As of 07-Jul, Kajaria Ceramics Ltd. is experiencing a price increase, currently at 1,165.00, reflecting a rise of 14.9 points or 1.3%. The stock has shown strong performance recently, gaining 8.09% over the past week and outperforming its sector by 1.3% today. It has been on a consecutive gain streak for the last five days, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there are concerns regarding falling investor participation, as the delivery volume has decreased significantly by 80.36% compared to the 5-day average. Despite high management efficiency indicated by a 15.43% ROE and low debt levels, the company has faced challenges with poor long-term growth, negative results in the last four quarters, and a high valuation relative to its peers.
In the broader market context, Kajaria Ceramics has outperformed the Sensex over the past week, which has seen a slight decline of 0.20%. However, the stock has underperformed the benchmark over the longer term, with a year-to-date return of only 0.47% compared to the Sensex's 6.79%. While the stock constitutes a significant portion of its sector with a market cap of Rs 18,318 cr, its annual sales growth has been modest, and it has generated negative returns of -21.05% over the past year. This underperformance, coupled with declining profitability, suggests that while the stock may be rising in the short term, underlying issues could pose risks for sustained growth.