Why is Kalyani Cast-Tec falling/rising?

As of 03-Jul, Kalyani Cast-Tech Ltd is experiencing a price increase, currently at 535.00, reflecting a rise of 32.0 or 6.36%. The stock has shown a strong performance today, having outperformed its sector by 5.18% and opened with a gain of 3.6%. After two days of consecutive declines, the stock has reversed its trend and reached an intraday high of Rs 538, marking a 6.96% increase. Additionally, Kalyani Cast-Tech has demonstrated solid returns over various periods, with a 1-week increase of 10.26% and a 1-month increase of 18.89%, significantly outperforming the Sensex, which has seen a decline of 0.62% over the same week.
In the broader market context, Kalyani Cast-Tech's recent performance stands in stark contrast to the benchmark, as it has gained 10.26% over the past week while the Sensex has fallen. This indicates strong investor interest in Kalyani Cast-Tech despite a general market downturn. However, it is worth noting that there has been a decline in investor participation, with delivery volume dropping by 27.54% compared to the 5-day average, which could suggest caution among some investors. Overall, the stock's upward movement is supported by its strong performance metrics and positive trend reversal, even as liquidity remains adequate for trading.