Why is Kirloskar Oil falling/rising?

As of 18-Aug, Kirloskar Oil Engines Ltd is experiencing a price increase, with the current price at Rs 952.00, reflecting a rise of Rs 45.8 or 5.05%. The stock has outperformed its sector by 4.4% today and reached an intraday high of Rs 956.25. Despite a decline in delivery volume by 33.77% against the 5-day average, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has gained 4.39%, while it has shown a modest increase of 3.60% over the past month. However, it is important to note that the stock has a year-to-date decline of 7.12% and a significant drop of 25.07% over the past year, indicating some underlying challenges despite its recent positive movement.
In the broader market context, the Sensex has only increased by 0.83% over the past week and has declined by 0.59% over the past month, suggesting that Kirloskar Oil's recent performance is relatively strong compared to the benchmark. The stock's attractive valuation, with a return on capital employed (ROCE) of 14.2 and a healthy long-term growth rate in operating profit, supports its recent rise. Additionally, high institutional holdings at 35.68% indicate confidence from more knowledgeable investors, which may contribute to the stock's upward momentum. However, the stock's negative return over the past year and falling profits of 7% could temper investor enthusiasm moving forward.