Why is Kirl.Pneumatic falling/rising?

As of 27-Jun, Kirloskar Pneumatic Company Ltd is currently priced at 1,426.90, reflecting an increase of 2.6 (0.18%). The stock has shown a strong performance recently, outperforming its sector by 0.85% today and trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has risen by 6.01%, and over the past month, it has increased by 12.60%. Despite a year-to-date decline of 7.82%, the company has demonstrated healthy long-term growth, with operating profit growing at an annual rate of 34.89% and positive results for the last five consecutive quarters. Additionally, the stock benefits from a low debt-to-equity ratio and high institutional holdings at 36.93%, which suggests strong investor confidence.
In the broader market context, while Kirloskar Pneumatic has outperformed the Sensex over the past week and month, the year-to-date performance shows a decline compared to the benchmark's gain of 7.58%. This indicates that while the stock is currently experiencing upward momentum, it has struggled to keep pace with the broader market trends over a longer period. The recent drop in delivery volume by 20.49% against the 5-day average may suggest a decrease in investor participation, which could impact future price movements. However, the consistent returns over the last three years and the stock's ability to outperform the BSE 500 in recent annual periods provide a positive outlook for its future performance.