Why is Kesar Petroprod. falling/rising?

As of 19-Sep, Kesar Petroproducts Ltd is experiencing a price increase, currently at 32.65, reflecting a change of 0.4 or 1.24% upward. Today's price summary indicates that the stock has outperformed its sector by 1.7% and has shown a trend reversal after two consecutive days of decline. Additionally, Kesar Petroproducts has demonstrated strong performance over the past year, with a return of 69.96%, significantly outperforming the benchmark Sensex, which has seen a decline of 0.67%. The company has reported healthy long-term growth, with an operating profit growth rate of 44.07% and a net profit increase of 197.47%, contributing to positive investor sentiment.
In the broader market context, Kesar Petroproducts' short-term return of 2.61% over the past week surpasses the Sensex's return of 0.88%, indicating a strong relative performance. Despite the stock's impressive returns, there are concerns regarding its high Debt to EBITDA ratio of 5.34 times, which suggests a low ability to service debt. However, the stock is trading at a discount compared to its peers' average historical valuations, which may attract investors looking for value. Overall, the combination of strong financial results and market-beating performance has contributed to the stock's recent upward movement.