Why is Kaycee Inds. falling/rising?

As of 18-Sep, Kaycee Industries Ltd is currently priced at 1,239.45, reflecting an increase of 3.95 (0.32%). The stock has shown a trend reversal, gaining after four consecutive days of decline, and reached an intraday high of Rs 1280, marking a 3.6% increase. However, it is important to note that the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend overall. Additionally, the stock has underperformed significantly over the past year, with a return of -65.26%, despite a 12.7% increase in profits. The company's high Price to Book Value ratio suggests it is trading at a premium compared to its peers, contributing to its perceived expensive valuation.
In the broader market context, the stock's short-term performance has been negative, with a 1-week return of -3.81%, while the benchmark Sensex has gained 1.80% during the same period. This underperformance highlights the challenges Kaycee Industries faces in attracting investor interest, as evidenced by a 28.19% decline in delivery volume compared to the 5-day average. Despite the company's healthy long-term growth potential, indicated by a 40.10% annual growth rate in operating profit and a low debt-to-equity ratio, the stock's recent movements reflect a struggle to regain investor confidence amidst a backdrop of significant historical losses.