Why is Kirl. Brothers falling/rising?

As of 31-Jul, Kirloskar Brothers Ltd's stock price is currently at Rs 1,959.50, reflecting an increase of Rs 36.85 or 1.92%. Today's price summary indicates that the stock outperformed its sector by 2.12%, reaching an intraday high of Rs 2,022, which is a 5.17% increase, while it also experienced a low of Rs 1,881.7, a decrease of 2.13%. Over the past week, the stock has seen a decline of 3.95%, and over the past month, it has dropped 15.06%. Despite these short-term declines, the company has demonstrated strong management efficiency with a high return on equity of 15.93%, a low debt-to-equity ratio of 0.01, and consistent positive results over the last five quarters, which may contribute to its current price rise.
In the broader market context, while Kirloskar Brothers Ltd has faced a 5.34% decline year-to-date, it has significantly outperformed the benchmark Sensex, which has gained 3.90% in the same period. The stock's recent performance indicates a contrast to the broader market trends, as it has shown resilience in the face of a generally declining trend over the past month and year. The company's strong fundamentals, including healthy long-term growth in operating profit and substantial market capitalization, suggest that the recent price increase may be a response to investor confidence despite the recent volatility.