Why is Kaynes Tech falling/rising?

As of 11-Sep, Kaynes Technology India Ltd is experiencing a price increase, currently at 7,123.00, reflecting a rise of 42.65 (0.6%). Despite underperforming its sector by 1.43% today, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Over the past week, the stock has gained 5.21%, and over the past month, it has risen by 21.69%, significantly outperforming the Sensex, which has only increased by 1.03% and 1.17% in the same periods, respectively. The company has demonstrated strong financial health with a low debt-to-equity ratio and impressive growth in net sales and operating profit, contributing to its market-beating performance of 52.86% over the last year, even as the broader market has faced negative returns.
In the broader market context, while Kaynes Technology has shown strong short-term returns compared to the Sensex, which has only gained slightly, the stock's performance is tempered by a decline in investor participation, as evidenced by a 17.89% drop in delivery volume against the 5-day average. The electronics components sector has seen a gain of 2.04%, suggesting a favorable environment, yet Kaynes Tech's liquidity remains adequate for trading. Overall, the combination of strong financial fundamentals and recent price performance supports the stock's upward movement, despite some short-term challenges in investor engagement.