Why is Knowledge Marine falling/rising?

As of 22-Aug, Knowledge Marine & Engineering Works Ltd is experiencing a price increase, currently at Rs 1,938.20, which reflects a rise of Rs 50.2 or 2.66%. The stock has shown strong performance recently, gaining 3.93% over the last two days and outperforming its sector by 3.15% today. It has also achieved a notable return of 15.13% over the past week and 11.49% over the past month, while maintaining a solid position above its moving averages across various time frames. Despite a decline in delivery volume, the company demonstrates a strong ability to service debt with a low Debt to EBITDA ratio and has shown healthy long-term growth with significant increases in net sales and operating profit.
In the broader market context, Knowledge Marine's recent performance stands out against the benchmark Sensex, which has only increased by 0.88% over the past week and declined by 1.07% over the past month. The stock's ability to generate a 43.57% return over the past year, alongside its substantial growth over the last three years, indicates a robust market position compared to the broader market trends. This outperformance in both short-term and long-term metrics suggests that investor confidence remains strong, contributing to the stock's upward movement despite some recent declines in trading volume.