Why is Kirloskar Indus. falling/rising?

As of 16-Sep, Kirloskar Industries Ltd is experiencing a price increase, currently at Rs 3,975.00, reflecting a rise of 104.5 points or 2.7%. The stock has shown strong performance today, outperforming its sector by 1.68% and reaching an intraday high of Rs 3,995, which is a 3.22% increase. Over the past week, the stock has gained 7.50%, while its one-month return stands at 4.47%. Despite a year-to-date decline of 11.17% and a significant drop of 27.00% over the past year, the company demonstrates a healthy long-term growth potential with net sales increasing at an annual rate of 33.11%. The low Debt to EBITDA ratio of 1.08 times indicates a strong ability to service debt, contributing positively to investor sentiment.
In the broader market context, the Sensex has increased by 1.58% over the past week, indicating that Kirloskar Industries Ltd's short-term performance is significantly better than the benchmark. However, the stock's liquidity has been affected by a 29.28% decline in delivery volume compared to the five-day average, which may raise concerns among investors. While the stock is trading at a discount compared to its peers' average historical valuations, the recent drop in profits by 31.5% over the past year suggests caution. Overall, the combination of strong short-term performance and healthy long-term growth prospects is driving the stock's recent upward movement, despite some underlying challenges.