Why is KEI Industries falling/rising?

As of 20-Aug, KEI Industries Ltd is experiencing a price increase, currently at 3,976.80, which reflects a rise of 21.75 or 0.55%. The stock has shown strong performance recently, gaining 4.63% over the last three days and outperforming its sector by 0.36%. It has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Additionally, the stock has seen a significant increase in delivery volume, rising by 382.05% compared to the 5-day average. Despite a year-to-date decline of 10.53%, the company has demonstrated strong fundamentals, including a high return on equity of 16.35%, low debt-to-equity ratio, and impressive growth in net sales and operating profit.
In the broader market context, KEI Industries has outperformed the Sensex over the past week, which has only increased by 1.64%, while KEI's return was 4.62%. However, the stock has underperformed over the past year, with a decline of 15.53% compared to the market's slight negative return of -1.20%. This disparity highlights the stock's recent recovery amidst a challenging year. The presence of high institutional holdings at 52.22% suggests confidence from larger investors, which could further support the stock's upward movement. Nonetheless, the stock's premium valuation and high PEG ratio indicate potential risks that investors should consider.