Why is Kakatiya Textile falling/rising?

As of 30-Oct, Kakatiya Textiles Ltd is experiencing a price increase, with its current price at Rs 17.99, reflecting a rise of Rs 1.14 or 6.77%. The stock has shown a positive performance today, outperforming its sector by 7.31%. It reached an intraday high of Rs 18, indicating strong trading activity. Additionally, the stock has seen a rise in delivery volume, which increased by 7.95% compared to the 5-day average. However, it is important to note that the stock has not traded on one day out of the last 20 days, indicating some erratic trading behavior. Over the past week, Kakatiya Textiles has gained 4.65%, while its performance over the last month shows a 5.82% increase, contrasting with its year-to-date decline of 20.99% and a significant 79.01% drop over the last three years.
In the broader market context, Kakatiya Textiles' recent short-term performance has been favorable compared to the benchmark Sensex, which has seen a slight decline of 0.18% over the past week. While the stock has outperformed the benchmark in the short term, it still lags behind in the longer-term perspective, with a year-to-date performance significantly lower than the Sensex's 8.02% gain. This disparity highlights the challenges Kakatiya Textiles has faced over the years, as evidenced by its substantial declines over one and three-year periods. Despite the recent uptick in price and trading activity, the overall long-term performance remains a concern for investors.