Why is Kirl. Brothers falling/rising?

As of 15-Jul, Kirloskar Brothers Ltd is experiencing a price increase, currently at Rs 2,213.25, reflecting a rise of Rs 58.25 or 2.7%. Today's price summary indicates that the stock has outperformed its sector by 1.52% and has shown a trend reversal after two consecutive days of decline. It opened with a gain of 2.08% and reached an intraday high of Rs 2,247, marking a 4.27% increase. Over the past week, the stock has gained 0.81%, while its performance over the last month shows a significant increase of 20.76%. The company has demonstrated high management efficiency with a return on equity of 15.93%, a low debt-to-equity ratio, and consistent positive results over the last five quarters, contributing to its healthy long-term growth.
Broader market context reveals that while Kirloskar Brothers Ltd has shown positive short-term returns, the benchmark Sensex has declined by 1.36% over the same week. This indicates that the stock is performing well relative to the broader market. Additionally, the stock's year-to-date return of 6.92% slightly surpasses the Sensex's 5.67%, further highlighting its relative strength. Despite a decrease in investor participation, as evidenced by a drop in delivery volume, the stock remains liquid enough for trading, suggesting continued interest among investors. Overall, the combination of strong financial performance and relative outperformance against the benchmark has contributed to the stock's rising price.