Why is Kingfa Science falling/rising?

As of 25-Jul, Kingfa Science & Technology (India) Ltd is experiencing a price increase, currently at 3,646.45, reflecting a rise of 23.05 (0.64%). The stock has outperformed its sector today by 1.41%, and it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, the stock has shown impressive returns over various periods, including a 28.05% increase over the past year and a remarkable 721.27% rise over the last five years. The company has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 43.77%, and it has reported positive quarterly results, including record net sales and profits.
In the broader market context, Kingfa Science has significantly outperformed the Sensex, which has seen a decline of 0.36% over the past week, while Kingfa's stock rose by 8.38%. This contrast highlights the stock's strength relative to the market. The company's low debt-to-equity ratio and fair valuation, alongside a solid return on equity of 21, further support its positive outlook. With consistent returns over the last three years and a PEG ratio of 1.2, Kingfa Science is positioned favorably compared to its peers, contributing to its rising stock price.