Why is KG Petrochem falling/rising?

As of 04-Jul, KG Petrochem Ltd's stock price is currently at Rs 268.80, reflecting an increase of Rs 8.7 or 3.34%. The stock has shown a mixed performance recently, with a 1-week decline of 1.16% while it has gained 5.41% over the past month. Today's trading performance indicates that the stock outperformed its sector by 2.52%, reaching an intraday high of Rs 269. However, there has been erratic trading behavior, as the stock did not trade on one day out of the last 20 days. Additionally, the delivery volume has significantly decreased by 97.54% compared to the 5-day average, indicating falling investor participation. The stock's moving averages show it is above the 50-day, 100-day, and 200-day averages but below the 5-day and 20-day averages, suggesting mixed momentum.
In the broader market context, KG Petrochem's recent performance contrasts with the benchmark Sensex, which has declined by 0.74% over the past week while KG Petrochem has experienced a slight drop. Year-to-date, KG Petrochem is down 10.15%, significantly underperforming the Sensex, which has gained 6.77%. Despite the recent uptick in price, the overall trend indicates that the stock has struggled to maintain investor interest, as evidenced by the sharp decline in delivery volume. This lack of participation could hinder sustained price increases moving forward, despite today's positive movement.