Why is Kaka Industries falling/rising?

As of 28-Jul, Kaka Industries Ltd is experiencing a price increase, currently at Rs 228.85, which reflects a rise of Rs 14.85 or 6.94%. The stock has shown a strong performance today, outperforming its sector by 8.4% and reaching an intraday high of Rs 236, marking a 10.28% increase. Additionally, the stock has traded in a wide range of Rs 22.1, with a significant rise in delivery volume, which increased by 99.35% against the 5-day average. Despite a year-to-date decline of 16.36%, the stock has gained 13.04% over the past month, indicating a recent positive trend.
In the broader market context, Kaka Industries' short-term performance has been notably better than the benchmark, as it has gained 13.04% over the past month compared to a decline of 3.77% in the Sensex. This suggests that the stock is rebounding while the overall market is struggling. The stock's liquidity is also favorable, being liquid enough for trade sizes of Rs 0.01 crore, which may contribute to its rising price. Overall, the combination of increased investor participation and a recent positive performance relative to the market has supported the upward movement in Kaka Industries' stock price.