Why is Kernex Microsys. falling/rising?

As of 25-Jul, Kernex Microsystems (India) Ltd is experiencing a price increase, currently at Rs 1,043.00, reflecting a rise of Rs 8.85 or 0.86%. Today's price summary indicates that the stock has outperformed its sector by 2.33% and has gained after seven consecutive days of decline, reaching an intraday high of Rs 1,055. The stock's performance over the past week shows a decline of 7.70%, while it has seen a significant drop of 16.69% over the past month. However, the company has demonstrated strong long-term growth, with net sales increasing at an annual rate of 66.39% and an impressive net profit growth of 355.6%. The company has reported positive results for the last four consecutive quarters, contributing to its consistent returns, including an 87.39% increase over the past year.
In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has only declined by 0.36% over the past week and 1.56% over the past month. While Kernex Microsystems has faced short-term challenges reflected in its recent price movements, its long-term growth metrics and consistent profitability suggest a strong underlying business. The rising investor participation, indicated by a 58.52% increase in delivery volume, further supports the stock's upward movement today, despite its recent volatility.