Why is Kaycee Inds. falling/rising?

As of 04-Jul, Kaycee Industries Ltd is experiencing a price increase, currently at Rs 1,382.00, reflecting a rise of 14.0 points or 1.02%. Today's price summary indicates that the stock has outperformed its sector by 0.99% and has shown a trend reversal after four consecutive days of decline. The stock reached an intraday high of Rs 1,410, marking a 3.07% increase, although it also touched a low of Rs 1,334, which was a decrease of 2.49%. Over the past week, the stock has seen a decline of 6.31%, but it has performed positively over the last month with a return of 5.42%. Despite a solid performance over the last three years, the stock's recent movement is tempered by falling investor participation, as evidenced by an 8.19% drop in delivery volume compared to the five-day average.
In the broader market context, while Kaycee Industries has shown a short-term decline relative to the benchmark, which fell by 0.74% over the past week, it has outperformed the benchmark in the longer term, generating a 3.23% return over the past year compared to the Sensex's 4.23%. The company's low debt-to-equity ratio and strong quarterly results, including record net sales and profits, contribute positively to its valuation. However, the stock is considered expensive with a high price-to-book value and a PEG ratio of 2.4, which may deter some investors despite its consistent returns over the past three years.