Why is KEI Industries falling/rising?

As of 23-Sep, KEI Industries Ltd's stock price is currently at 4,150.00, reflecting an increase of 19.55 (0.47%). The stock has outperformed its sector today by 0.55%, although it has shown a decline of 0.79% over the past week. Notably, the stock's performance over the last month has been positive, with a gain of 4.84%, while it has struggled year-to-date with a decrease of 6.64%. The company benefits from high management efficiency, evidenced by a return on equity (ROE) of 16.35%, and a low debt-to-equity ratio of 0.01 times. Recent financial results indicate strong growth in net sales and operating profit, contributing to a healthy long-term outlook. However, the stock's valuation appears expensive, trading at a premium compared to peers, which could temper investor enthusiasm.
In the broader market context, KEI Industries' short-term performance has been weaker than the benchmark Sensex, which has declined by only 0.34% over the past week. Despite this, the stock has shown resilience with a significant increase over the last three years at 186.05%, compared to the Sensex's 41.31%. The stock's liquidity remains adequate for trading, although there has been a notable drop in investor participation, with delivery volume falling by 39.52% against the five-day average. High institutional holdings at 52.22% suggest confidence from more sophisticated investors, which may provide some support for the stock amidst its recent fluctuations.