Why is Kavveri Defence falling/rising?

As of 04-Sep, Kavveri Defence & Wireless Technologies Ltd is experiencing a price increase, currently at Rs 78.80, which reflects a rise of 3.75 or 5.0%. The stock has reached a new 52-week high today and has shown significant performance, gaining 27.59% over the past week and 36.73% over the past month. The stock has been on a consecutive gain streak for the last five days, and today's trading saw high volatility with an intraday range of Rs 7.5. Positive financial results over the last four quarters, including a remarkable 1,655.07% growth in net sales, have contributed to the stock's upward movement, despite the company having a high debt-to-equity ratio of 7.38 times, which indicates potential risks.
In the broader market context, Kavveri Defence has significantly outperformed the Sensex, which has only risen by 0.80% over the past week while the stock itself has surged by 27.59%. This strong performance is indicative of rising investor confidence, as evidenced by a 567.3% increase in delivery volume compared to the five-day average. The stock's long-term performance is also noteworthy, with a 99.34% return over the past year, contrasting sharply with the Sensex's decline of 1.98% during the same period. This combination of strong financial results and robust market performance has positioned Kavveri Defence favorably in the eyes of investors.