Why is Karnika Industri falling/rising?

As of 25-Jul, Karnika Industries Ltd is currently priced at 706.95, reflecting a decrease of 0.85, or 0.12%. Despite this slight decline, the stock has shown strong performance over the past month, with a return of 7.19%, significantly outperforming the Sensex, which has declined by 1.62% during the same period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. The recent increase in investor participation, with delivery volume rising by 115.91% compared to the 5-day average, further supports the stock's resilience. There is no information available regarding positive or negative factors impacting the stock.
In the broader market context, while Karnika Industries has experienced a minor decline today, its year-to-date return of 88.52% far exceeds the Sensex's 5.04% gain, showcasing its strong performance relative to the market. Over the past year, the stock has surged by 128.05%, while the benchmark has only increased by 1.77%. This indicates that despite the current price drop, Karnika Industries has maintained a robust upward trajectory compared to the broader market, reflecting investor confidence and strong fundamentals.