Why is Kaynes Tech falling/rising?

As of 09-Jul, Kaynes Technology India Ltd is experiencing a price increase, with its current price at Rs 6,122.75, reflecting a rise of Rs 111.6 or 1.86%. Today's performance indicates that the stock outperformed its sector by 2.23%, reaching an intraday high of Rs 6,237.5, which is a 3.77% increase. Over the past week, however, the stock has seen a decline of 2.56%, while it has performed positively over the past month with an increase of 8.31%. The company has demonstrated strong financial health, with net sales growing at an annual rate of 55.46% and a net profit increase of 74.84%, contributing to its market-beating performance of 47.09% over the last year. Despite a low debt-to-equity ratio and significant market capitalization, there has been a noted decrease in investor participation, with delivery volume falling by 8.46% against the 5-day average.
Broader market context shows that while Kaynes Technology has outperformed the sector today, its short-term performance over the past week is lagging behind the benchmark Sensex, which has gained 0.15%. Year-to-date, the stock is down 17.41%, contrasting with the Sensex's increase of 6.91%. This divergence highlights the challenges the stock faces in the short term despite its strong long-term growth indicators and substantial market presence within its sector.