Why is Kaka Industries falling/rising?

As of 03-Nov, Kaka Industries Ltd is experiencing a price increase, currently at Rs 222.60, which reflects a rise of Rs 13.6 or 6.51%. The stock has shown a strong performance today, outperforming its sector by 5.07% and achieving a consecutive gain over the last three days with a total return of 8.06% during this period. Additionally, the stock reached an intraday high of Rs 223, indicating positive momentum. In terms of returns, Kaka Industries has increased by 4.88% over the past week, while it has gained 6.00% over the past month, contrasting with the Sensex, which has declined by 0.94% and increased by 3.41% respectively. However, the stock has underperformed year-to-date and over the past year, with declines of 18.64% and 23.24%, respectively. The positive investor sentiment is further supported by rising delivery volumes, which have increased by 8.33% compared to the five-day average.
In the broader market context, Kaka Industries' recent short-term performance has been notably better than the benchmark Sensex, which has seen a decline over the same week. While the stock has shown resilience and positive movement in the short term, its year-to-date and one-year performance remains significantly lower than the benchmark's gains. This divergence suggests that while Kaka Industries is currently benefiting from increased investor participation and positive trading activity, it still faces challenges in recovering from its previous losses compared to the overall market performance.