Why is Kalyani Cast-Tec falling/rising?

As of 18-Sep, Kalyani Cast-Tech Ltd is experiencing a price increase, currently at Rs 580.00, which reflects a rise of Rs 20.0 or 3.57%. The stock has shown a trend reversal, gaining after four consecutive days of decline. It outperformed its sector by 3.17% today and reached an intraday high of Rs 597, marking a 6.61% increase. Over the past month, the stock has risen by 12.19%, while year-to-date, it has increased by 27.40%. However, there has been a decline in investor participation, with delivery volume falling by 17.29% against the five-day average, indicating a potential concern for future momentum.
In the broader market context, Kalyani Cast-Tech's recent performance contrasts with the Sensex, which has gained 1.80% over the past week, while Kalyani Cast-Tech has declined by 5.23% during the same period. Despite this short-term underperformance, the stock's longer-term returns are significantly better than the benchmark, with a 16.70% increase over the past year compared to the Sensex's mere 0.08%. This suggests that while the stock is currently experiencing volatility, its overall performance remains strong relative to the market, indicating potential resilience moving forward.