Why is Kaka Industries falling/rising?

As of 14-Jul, Kaka Industries Ltd's stock price is currently at Rs 232.30, reflecting an increase of Rs 3.3 or 1.44%. The stock has shown a positive trend today, having gained after two consecutive days of decline. It opened with a gain of 2.4% and reached an intraday high of Rs 234.5. However, it also experienced a low of Rs 223.5 during the day. In terms of performance, the stock has outperformed its sector by 1.31%. Over the past week, Kaka Industries has seen a significant return of +15.86%, contrasting with a decline of -1.42% in the Sensex. Despite this, the stock's year-to-date performance remains negative at -15.10%, while it has gained 4.64% over the past year. Notably, there has been a decline in investor participation, with delivery volume dropping by 62.73% against the five-day average.
Broader Market Context: In the short term, Kaka Industries has significantly outperformed the benchmark Sensex, which has experienced a decline over the same period. This divergence indicates that while the broader market is struggling, Kaka Industries is experiencing a resurgence, likely driven by recent trading activity and a trend reversal. The stock's liquidity remains adequate for trading, although the moving averages suggest it is still below the long-term 200-day average, indicating potential volatility ahead. Overall, the combination of a recent positive price movement and strong short-term returns relative to the benchmark suggests a favorable sentiment towards Kaka Industries, despite the challenges reflected in its year-to-date performance.