Why is Kennametal India falling/rising?

As of 13-Aug, Kennametal India Ltd's stock price is rising, currently at 2,180.00, reflecting an increase of 120.0 or 5.83%. The stock has shown a positive performance today, outperforming its sector by 5.8% and achieving a consecutive gain over the last two days with a total return of 6.6%. Additionally, the stock reached an intraday high of Rs 2,190, indicating strong investor interest. Despite a challenging year-to-date performance with a decline of 26.52%, the stock has recently seen a rise in delivery volume, suggesting increased investor participation. However, the company faces long-term growth concerns, with net sales and operating profit growth rates of only 7.90% and 12.41%, respectively, over the last five years, and a recent drop in profitability metrics.
Broader market context shows that while Kennametal India has struggled over the past year with a return of -28.08%, the broader benchmark, Sensex, has only declined by 2.01%. This stark contrast highlights the stock's underperformance relative to the market. In the short term, however, the stock's recent gains of 3.81% over the past week stand in contrast to the Sensex's flat performance of -0.01%, indicating a potential recovery phase. Despite the positive short-term movement, the overall negative long-term growth outlook and high valuation metrics suggest caution among investors.