Why is Kingfa Science falling/rising?

As of 29-Aug, Kingfa Science & Technology (India) Ltd is experiencing a price increase, currently at Rs 4,189.00, reflecting a rise of 39.0 points or 0.94%. Today's price summary indicates that the stock has gained after three consecutive days of decline, reaching an intraday high of Rs 4,350, which represents a 4.82% increase. Despite a significant drop in delivery volume, which fell by 75.78% against the 5-day average, the stock has shown strong performance over the past month with a return of 17.23%. Additionally, the company maintains a low debt-to-equity ratio of 0.04 times and has demonstrated healthy long-term growth, with operating profit increasing at an annual rate of 64.76%. The stock's return of 29.13% over the past year, coupled with a fair valuation and a PEG ratio of 1.6, supports its recent upward movement.
In the broader market context, Kingfa Science has outperformed the benchmark Sensex, which has declined by 1.84% over the past week while Kingfa's stock has dropped by 6.78%. However, the stock has outperformed the Sensex significantly over longer periods, including a 233.07% increase over the past three years compared to the benchmark's 37.67%. This strong long-term performance, along with the recent trend reversal and positive growth indicators, suggests that investor sentiment remains favorable despite short-term fluctuations.