Why is Knowledge Marine falling/rising?

As of 27-Oct, Knowledge Marine & Engineering Works Ltd is experiencing a price increase, with the current price at Rs 2,378.50, reflecting a rise of Rs 102.5 or 4.5%. The stock has shown strong performance today, outperforming its sector by 3.93% and achieving a consecutive gain over the last two days, with a total return of 7.7% during this period. Additionally, the stock has touched an intraday high of Rs 2,495, representing a 9.62% increase. Over the past week, Knowledge Marine has outperformed the Sensex, with a return of 6.23% compared to the benchmark's 0.49%. The company also demonstrates a strong ability to service debt, with a low Debt to EBITDA ratio of 1.13 times, and has shown 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 performance contrasts with its one-month return of -4.49%, while the Sensex has gained 5.41% during the same period. This indicates that while the stock has faced some challenges recently, its current upward movement is notable against a backdrop of overall market performance. The stock's long-term performance remains robust, having generated a 40.54% return over the past year and significantly outperforming the BSE500 over the last three years. The rising investor participation, evidenced by a 25.7% increase in delivery volume, further supports the stock's positive momentum.