Why is Knowledge Marine falling/rising?

As of 17-Jul, Knowledge Marine & Engineering Works Ltd is experiencing a price increase, currently at Rs 1,818.00, reflecting a rise of Rs 57.6 or 3.27%. The stock has shown strong performance recently, gaining 11.29% over the last four days and outperforming its sector by 2.83% today. It reached an intraday high of Rs 1,841.45, which is a 4.6% increase. The stock has also been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Despite this positive momentum, there has been a decline in investor participation, with delivery volume dropping by 15.73% compared to the 5-day average. The company boasts a high return on equity of 25.44% and a low debt to EBITDA ratio of 0.44 times, indicating strong management efficiency and the ability to service debt. Additionally, the company has demonstrated healthy long-term growth with net sales increasing at an annual rate of 53.00% and operating profit at 61.02%.
In the broader market context, Knowledge Marine's recent short-term return of 10.18% over the past week significantly outperforms the Sensex, which has declined by 1.12% during the same period. This indicates that the stock is not only gaining traction on its own but is also standing out against the broader market trends. While the stock has shown impressive performance over the last year with a 35.87% return, it is important to note that it has a year-to-date decline of 19.91%, contrasting with the Sensex's gain of 5.27%. This suggests that while the stock is currently on an upward trajectory, it has faced challenges earlier in the year, which may influence investor sentiment moving forward.