Why is Kavveri Defence falling/rising?

As of 18-Sep, Kavveri Defence & Wireless Technologies Ltd is experiencing a rise in its stock price, currently at Rs. 108.31, reflecting an increase of 5.15 (4.99%). The stock has recently hit a new 52-week high and has been on a positive trajectory, gaining 21.52% over the last four days. It has outperformed its sector by 5.11% today and is trading above all key moving averages. The company has shown strong financial performance, with significant growth in profit before tax and net sales over the last six months, contributing to its impressive one-year return of 174.55%. However, it faces challenges due to a high debt-to-equity ratio of 7.38 times, indicating potential risks associated with its financial leverage.
In the broader market context, Kavveri Defence's short-term performance has significantly outpaced the Sensex, which has only increased by 1.80% over the past week, while the stock itself has surged by 15.44%. This stark contrast highlights the company's strong market position and investor confidence, despite a noted decline in delivery volume, which fell by 24.72% against the five-day average. Overall, the stock's robust performance, driven by positive earnings results and a strong historical return, suggests a favorable outlook, although the high debt levels remain a concern for potential investors.