Why is KCD Industries falling/rising?

As of 24-Jul, KCD Industries India Ltd is experiencing a rise in its stock price, currently at 10.79, reflecting an increase of 0.51 or 4.96%. The stock has shown impressive performance, gaining 103.2% over the last nine days and outperforming its sector by 4.94% today. Additionally, the stock has demonstrated strong returns over various periods, including an 82.88% increase over the past week and an 89.96% rise over the past month. However, there is a notable decline in investor participation, with delivery volume falling by 51.3% against the five-day average, which could indicate a potential concern for future momentum.
In the broader market context, KCD Industries has significantly outperformed the Sensex in the short term, with a 1-week return of 82.88% compared to the benchmark's slight decline of 0.09%. While the stock has shown strong short-term gains, its longer-term performance over three years and five years remains less favorable compared to the Sensex, with returns of 38.04% and -17.58%, respectively. This contrast highlights a period of volatility and suggests that while the stock is currently rising, its historical performance may warrant caution for investors considering long-term positions.