Why is Kay Power &Paper falling/rising?

As of 06-Oct, Kay Power & Paper Ltd's stock price is rising, currently at Rs 15.08, reflecting an increase of Rs 1.37 or 9.99%. The stock has outperformed its sector by 11.59% today, reaching an intraday high of Rs 15.08. Despite this positive movement, the stock has shown high volatility with an intraday volatility of 5.53%. However, there is a concerning trend in investor participation, as the delivery volume has decreased by 57.35% compared to the 5-day average. Over the past week, the stock has gained 9.99%, while it has experienced significant declines year-to-date and over the past year, with losses of 59.12% and 61.34%, respectively.
In the broader market context, the Sensex has only increased by 1.77% over the past week, indicating that Kay Power & Paper's recent performance is significantly stronger than the benchmark. This suggests that the stock's rise may be driven by company-specific factors rather than overall market trends. While the stock has shown impressive returns over a longer three-year and five-year period, the recent decline in investor participation could pose challenges for sustained growth. Overall, while the stock is currently rising, its long-term performance remains under scrutiny due to substantial past losses and declining interest from investors.