Why is KCD Industries falling/rising?

As of 10-Sep, KCD Industries India Ltd's stock price is currently at 9.49, reflecting an increase of 0.39, or 4.29%. The stock has outperformed its sector today, gaining 1.71%, and has shown a significant rise in delivery volume, which increased by 466.65% compared to the 5-day average. While the stock has experienced a decline of 10.39% over the past month and is down 6.96% year-to-date, it has performed well over the past year with a return of 26.87%. The stock is currently trading above its 5-day, 50-day, 100-day, and 200-day moving averages, although it is below the 20-day moving average.
In the broader market context, KCD Industries' short-term performance aligns with the benchmark Sensex, as both have shown a 1.06% increase over the past week. However, the stock's longer-term performance contrasts with the benchmark, as it has underperformed over the last month and year-to-date, while outperforming over the past year and three years. The textile sector has also seen gains, which may contribute positively to investor sentiment towards KCD Industries. Overall, the rising investor participation and sector performance appear to be driving the stock's recent upward movement.