Why is Kontor Space falling/rising?

As of 16-Jun, Kontor Space Ltd's stock price is currently at 85.15, reflecting an increase of 1.65, or 1.98%. The stock has shown a strong performance today, outperforming its sector by 3.67%. Additionally, the stock's delivery volume has significantly increased, rising by 375% against the 5-day average, indicating rising investor participation. In the short term, the stock has gained 10.16% over the past week, contrasting with a slight decline of 2.13% over the last month. However, it is important to note that the stock is still down 30.35% year-to-date and 23.97% over the past year, suggesting ongoing challenges despite today's positive movement.
In the broader market context, the Sensex has experienced a slight decline of 0.62% over the past week and a marginal drop of 0.29% over the last month. While Kontor Space has outperformed the benchmark in the short term, its year-to-date performance remains significantly weaker compared to the Sensex, which has gained 5.51% in the same period. This divergence highlights the stock's volatility and the potential impact of broader market conditions on its performance. Overall, while there are positive indicators in the short term, the long-term trends suggest that the stock is still facing considerable headwinds.