Why is KG Petrochem falling/rising?

As of 10-Jul, KG Petrochem Ltd is currently priced at 261.25, reflecting an increase of 1.2, or 0.46%. The stock has outperformed its sector today by 0.76%, trading within a narrow range of Rs 1.25. Over the past week, KG Petrochem has shown a modest gain of 0.44%, while its one-month return stands at 4.50%. Notably, the stock has generated a significant return of 20.39% over the past year, which is substantially higher than the market's average return of 1.46%. The company's strong performance is supported by a remarkable increase in profits by 446%, alongside a very attractive valuation indicated by a low PEG ratio of 0.1. Additionally, the stock is trading at a discount compared to its peers, which may attract more investors.
In the broader market context, KG Petrochem's recent performance contrasts with the Sensex, which has seen a slight decline of 0.06% over the past week. While the stock has been underperforming year-to-date with a decline of 12.67%, its strong one-year performance and rising investor participation, evidenced by a 1.1% increase in delivery volume, suggest a positive outlook. The stock's liquidity is also favorable, allowing for adequate trading sizes. Overall, the combination of strong returns, attractive valuations, and increased investor interest contributes to the stock's upward movement despite its year-to-date challenges.