Why is Kaka Industries falling/rising?

As of 05-Aug, Kaka Industries Ltd is experiencing a price increase, currently at Rs 218.00, which reflects a rise of Rs 5.00 or 2.35%. The stock has shown a trend reversal, gaining after two consecutive days of decline. It outperformed its sector by 2.54% today and reached an intraday high of Rs 222.65, marking a 4.53% increase. Despite a year-to-date decline of 20.32%, the stock has performed positively over the past month with a gain of 12.37%. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 7.76% compared to the five-day average, indicating growing interest in the stock.
In the broader market context, Kaka Industries' recent performance contrasts with the benchmark Sensex, which has seen a slight decline of 0.77% over the past week. While the stock has outperformed the benchmark in the short term, it still lags behind in year-to-date performance compared to the Sensex's 3.29% gain. The liquidity of the stock remains adequate for trading, which may contribute to its current upward movement. Overall, the combination of a recent price increase, improved investor participation, and a positive short-term return relative to the benchmark suggests a recovery phase for Kaka Industries.