Why is Kajaria Ceramics falling/rising?

As of 06-Aug, Kajaria Ceramics Ltd. is currently priced at 1,189.65, reflecting a rise of 2.65 or 0.22%. The stock has outperformed its sector by 1.11% today, although it has shown a significant decline in investor participation, with delivery volume falling by 86.19% against the 5-day average. Over the past week, the stock has increased by 2.04%, while it has gained 3.44% over the past month. Despite a year-to-date increase of 2.60%, the stock has experienced a notable decline of 14.57% over the past year. The company boasts high management efficiency with a return on equity of 15.46%, a low debt-to-equity ratio, and substantial institutional holdings at 39.95%, which may contribute positively to its recent price movement.
In the broader market context, the Sensex has declined by 1.15% over the past week and 3.46% over the past month, indicating that Kajaria Ceramics has performed better than the overall market during these periods. However, the stock's year-to-date performance is slightly below that of the Sensex, which has increased by 3.08%. The company's strong market position, with a market cap of Rs 18,846 crore and accounting for 33.03% of its sector, suggests resilience despite broader market challenges. Overall, while the stock has shown some positive movement, the significant drop in investor participation raises concerns about its sustainability in the near term.