Why is Kalyani Cast-Tec falling/rising?

As of 24-Sep, Kalyani Cast-Tech Ltd's stock price is rising, currently at 600.00, reflecting an increase of 25.0 or 4.35%. The stock has shown strong performance recently, gaining 5.66% over the last two days and outperforming its sector by 4.81% today. It has also performed well over the past week and month, with returns of +7.14% and +15.16%, respectively. The stock is trading above all key moving averages, indicating a positive trend. However, there has been a decline in investor participation, with delivery volume dropping by 26.83% against the 5-day average, which could be a concern for future momentum.
Broader Market Context: In comparison to the benchmark Sensex, Kalyani Cast-Tech has significantly outperformed in the short term, with a 1-week return of +7.14% against the Sensex's -1.18%. This strong performance relative to the market highlights the stock's resilience and attractiveness to investors despite the broader market's struggles. Year-to-date, Kalyani Cast-Tech has also outperformed the Sensex, with a return of +31.80% compared to the benchmark's +4.58%. Overall, the stock's recent upward movement can be attributed to its strong performance metrics and positive technical indicators, despite the noted decrease in delivery volume.