Why is Kama Holdings falling/rising?

As of 10-Sep, Kama Holdings Ltd is experiencing a price increase, currently at Rs 3,017.70, reflecting a rise of 52.7 points or 1.78%. The stock has shown strong performance today, outperforming its sector by 0.86%, and reached an intraday high of Rs 3,024.7, marking a 2.01% increase. Over the past week, the stock has gained 0.93%, and year-to-date, it has delivered a remarkable return of 23.57%, significantly outperforming the broader market, which has only seen a 4.21% increase. The stock's current price is above its 5-day, 20-day, 100-day, and 200-day moving averages, indicating a positive trend, although it remains below the 50-day moving average. Additionally, rising investor participation is evident, with delivery volume increasing by 3.67% compared to the 5-day average.
In the broader market context, while the stock has performed well, the benchmark index, Sensex, has shown a slight increase of 1.06% over the past week, which is slightly lower than Kama Holdings' performance. Despite the market's overall negative returns of -2.89% in the last year, Kama Holdings has managed to generate a positive return of 10.58%, showcasing its resilience. The company's strong long-term fundamentals, reflected in an average Return on Equity (ROE) of 17.33% and fair valuation metrics, contribute to its favorable outlook, despite a recent decline in profits of -10.8%. This combination of solid performance against the benchmark and strong fundamentals supports the stock's upward movement.