Why is Kewal Kir.Cloth. falling/rising?

As of 23-Jul, Kewal Kiran Clothing Ltd's stock price is currently at Rs 563.40, reflecting an increase of Rs 3.4 or 0.61%. The stock has been gaining for the last two days, with a total return of 2.81% during this period. Despite this recent uptick, the stock has underperformed its sector by 0.58%. Over the past week, Kewal Kiran Clothing has shown a modest gain of 0.16%, while its one-month performance stands at a significant 12.63%, indicating a strong recovery in the short term. However, the company has faced challenges in the long term, with a year-to-date decline of 4.05% and a one-year drop of 15.43%. The stock's high management efficiency, indicated by a return on equity (ROE) of 16.78%, and low debt-to-equity ratio are positive factors, but the company has shown poor long-term growth with net sales and operating profit growth rates of only 13.62% and 12.76%, respectively, over the last five years.
In the broader market context, Kewal Kiran Clothing's short-term performance has slightly outpaced the Sensex, which has gained 0.11% over the same week. However, the stock has significantly lagged behind the benchmark in the longer term, with a one-year return of -15.43% compared to the Sensex's gain of 2.86%. The recent increase in institutional investor participation, with a 0.97% rise in stake, may provide some support for the stock, as these investors typically have more resources to analyze company fundamentals. Nonetheless, the stock's expensive valuation, trading at a premium compared to its peers, and declining profits over the past year raise concerns about its sustainability in the face of recent gains.