Why is Kakatiya Cement falling/rising?

As of 30-Jun, Kakatiya Cement Sugar & Industries Ltd is experiencing a price increase, currently at Rs 168.00, which reflects a rise of 6.0 or 3.7%. The stock has shown a positive performance today, outperforming its sector by 4.17% and has gained consecutively for the last two days, accumulating a total return of 4.64% during this period. It opened with a gain of 2.87% and reached an intraday high of Rs 168. However, despite the recent gains, the stock has a year-to-date decline of 9.77% and a significant drop of 26.94% over the past year, indicating a challenging longer-term performance. Additionally, there has been a decrease in investor participation, with delivery volume falling by 13.95% against the five-day average, which may suggest caution among investors.
In the broader market context, Kakatiya Cement's short-term performance over the past week shows a return of 3.04%, which is better than the Sensex's return of 2.09% during the same period. This indicates that while the stock is currently rising, it has struggled significantly over longer time frames compared to the benchmark, particularly over one year and three years, where it has underperformed the Sensex. The stock's moving averages indicate a mixed picture, being higher than the shorter-term averages but lower than the 200-day moving average, which may reflect ongoing volatility and uncertainty in investor sentiment.