Why is Keltech Energies falling/rising?

As of 03-Nov, Keltech Energies Ltd's stock price is rising, currently at 4,650.00, reflecting an increase of 177.5 or 3.97%. The stock has shown strong performance today, outperforming its sector by 2.81% and achieving a consecutive gain over the last six days, with a total return of 9.92% during this period. It opened with a gain of 2.63% and reached an intraday high of Rs 4,840, indicating positive momentum. Additionally, the stock has consistently traded above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The company has demonstrated healthy long-term growth, with an annual operating profit growth rate of 38.74%, and has reported positive results for the last three consecutive quarters, contributing to investor confidence and driving the stock's recent upward movement.
In the broader market context, Keltech Energies has outperformed the benchmark Sensex significantly, with a 1-week return of +8.62% compared to the Sensex's -0.94%, and a year-to-date return of +32.40% versus the Sensex's +7.47%. This strong relative performance highlights the stock's resilience and attractiveness to investors, especially given its low debt-to-equity ratio of 0.10 and a favorable PEG ratio of 0.7, indicating potential for growth. The rising investor participation, as evidenced by a 136.88% increase in delivery volume, further supports the stock's upward trajectory, suggesting that market sentiment remains positive towards Keltech Energies amidst a fluctuating broader market.