Why is Kirloskar Oil falling/rising?

As of 01-Sep, Kirloskar Oil Engines Ltd is experiencing a price increase, currently at 914.90, which reflects a rise of 14.95 or 1.66%. The stock has been gaining for the last two days, with a total return of 1.76% during this period. It reached an intraday high of Rs 919.75, indicating positive momentum. However, the stock has shown a decline of 6.14% over the past week and a significant drop of 31.40% over the last year. Despite these declines, the company has demonstrated healthy long-term growth, with an operating profit growth rate of 50.07% annually. The stock is trading at a discount compared to its peers, and high institutional holdings at 35.68% suggest confidence from knowledgeable investors, although profits have fallen by 7% over the past year.
In the broader market context, the stock's short-term performance has been relatively better than the benchmark Sensex, which has declined by 1.56% over the past week. While Kirloskar Oil's recent gains are promising, the overall year-to-date performance remains negative at -10.74%, contrasting with the Sensex's positive return of 2.85% during the same period. This indicates that while the stock is currently rising, it is still facing challenges compared to the broader market trends.