Why is Kirl. Ferrous falling/rising?

As of 19-Aug, Kirloskar Ferrous Industries Ltd is experiencing a price increase, currently at Rs 555.50, reflecting a change of 5.5 or 1.0% upward. The stock has been gaining for the last two days, with a total return of 2.97% during this period. Despite a recent decline of 3.00% over the past month and a significant drop of 23.69% over the past year, the stock has shown strong performance over longer periods, with a remarkable increase of 111.90% over three years and 537.77% over five years. The company demonstrates high management efficiency with a return on capital employed (ROCE) of 15.63% and a low debt-to-EBITDA ratio of 1.35 times, indicating a strong ability to service its debt. Additionally, the stock is trading at a discount compared to its peers, which may attract investors.
In the broader market context, the stock's short-term performance has not matched the benchmark, as it has only gained 0.04% over the past week compared to a 1.76% increase in the Sensex. However, the stock's recent upward movement and rising investor participation, evidenced by a significant increase in delivery volume, suggest a potential shift in market sentiment. While the stock has underperformed in the short term, the positive financial metrics and operational results may provide a foundation for future growth, contrasting with the broader market's performance.