Why is Kirl.Pneumatic falling/rising?

As of 10-Jul, Kirloskar Pneumatic Company Ltd is experiencing a price increase, with the current price at 1,437.50, reflecting a rise of 11.9 points or 0.83%. Today's price summary indicates that the stock has outperformed its sector by this same percentage. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. The stock has shown healthy long-term growth, with an annual operating profit growth rate of 34.89%, and has declared positive results for the last five consecutive quarters, including record net sales and operating profit figures. The company also maintains a low debt-to-equity ratio and high institutional holdings at 36.93%, which can contribute to investor confidence and stability.
In the broader market context, the stock's performance over the past week shows a decline of 0.80%, while the benchmark Sensex has only decreased by 0.06%. However, over the last month, Kirloskar Pneumatic has outperformed the Sensex, gaining 4.77% compared to the benchmark's 0.97%. This indicates that while the stock has faced some short-term challenges, its overall performance remains strong relative to the market, particularly in the longer term, where it has consistently outperformed the BSE500 over the past three years.