Why is Kalyani Cast-Tec falling/rising?

As of 23-Sep, Kalyani Cast-Tech Ltd is experiencing a price increase, currently at Rs 583.95, reflecting a rise of 16.1 points or 2.84%. The stock has shown a positive trend today, outperforming its sector by 3.5% and reversing a two-day decline. It reached an intraday high of Rs 583.95, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. However, there has been a notable decrease in investor participation, with delivery volume falling by 37.5% compared to the 5-day average. Over the past week, the stock has gained 3.91%, and year-to-date, it has appreciated by 28.27%, while the Sensex has only increased by 5.07%.
In the broader market context, Kalyani Cast-Tech's recent performance stands in contrast to the Sensex, which has seen a slight decline of 0.34% over the past week. The stock's significant gains over the past month (+12.08%) and year (+5.70%) further highlight its strong performance relative to the benchmark index, which has decreased by 3.33% over the same period. This indicates that while the overall market may be facing challenges, Kalyani Cast-Tech is managing to attract investor interest, albeit with a decline in participation, suggesting a mixed sentiment among traders.