Why is Kennametal India falling/rising?

As of 07-Nov, Kennametal India Ltd's stock price is rising, currently at 2,305.50, reflecting an increase of 143.45 or 6.63%. The stock has shown strong performance today, outperforming its sector by 7.29% and achieving a consecutive gain over the last three days with a total return of 10.87%. It reached an intraday high of Rs 2,335.1, indicating robust trading activity. Additionally, the stock is trading above its moving averages across multiple timeframes, and there has been a notable increase in investor participation, with delivery volume rising by 35.6% compared to the five-day average. The company also boasts a low debt-to-equity ratio and has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 51.31%.
In the broader market context, Kennametal India's short-term return of 10.53% over the past week significantly outpaces the Sensex, which has declined by 0.86% during the same period. While the stock has faced challenges over the longer term, with a year-to-date decline of 22.29% compared to the Sensex's gain of 6.50%, its recent performance suggests a positive shift in investor sentiment. The positive quarterly results, including the highest operating profit to net sales ratio, further bolster the stock's appeal amid a generally unfavorable market backdrop.