Why is Kirl. Brothers falling/rising?

As of 27-Jun, Kirloskar Brothers Ltd is experiencing a significant rise in its stock price, currently at Rs 2,329.50, reflecting an increase of Rs 193.6 or 9.06%. The stock has shown strong performance today, outperforming its sector by 6.54% and reaching an intraday high of Rs 2,475.55, which is a 15.9% increase. The stock has demonstrated high volatility with an intraday volatility of 6.07% and has traded in a wide range of Rs 350.45. Over the past week, the stock has surged by 29.08%, and it has consistently outperformed the benchmark Sensex, which only increased by 2.00% during the same period. The company has maintained a high management efficiency with a return on equity of 15.93% and a low debt-to-equity ratio of 0.01 times, contributing to its healthy long-term growth, as evidenced by a 30.79% annual increase in operating profit and positive results over the last five quarters.
In the broader market context, Kirloskar Brothers Ltd's short-term performance is notably stronger than the benchmark, with a 1-week return of 29.08% compared to the Sensex's 2.00% increase. This outperformance is indicative of strong investor confidence and rising participation, as evidenced by a 26.72% increase in delivery volume. The company's substantial market capitalization of Rs 16,961 crore, representing 22.01% of its sector, further solidifies its position as a market leader. The consistent returns over the last three years, coupled with the company's recent positive financial results, suggest a robust outlook that is likely driving the stock's upward momentum.