Why is K.P. Energy falling/rising?

As of 30-Jun, K.P. Energy Ltd's stock price is currently at Rs 517.10, reflecting an increase of Rs 12.2 or 2.42%. The stock has shown a trend reversal by gaining after two consecutive days of decline, and it outperformed its sector by 1.87%. The stock reached an intraday high of Rs 524.25, which is a 3.83% increase. Despite a decline of 6.83% over the past month, it has generated a notable return of 25.72% over the last year. The company has demonstrated strong financial health with a low Debt to EBITDA ratio of 0.71 times and impressive growth in net sales and operating profit, indicating a robust ability to service debt and maintain long-term growth.
In the broader market context, K.P. Energy's short-term performance of +2.40% over the past week slightly outpaces the Sensex, which has risen by 2.09% during the same period. However, the stock's year-to-date performance shows a decline of 4.06%, contrasting with the Sensex's gain of 7.00%. The relatively low participation from domestic mutual funds, holding only 0.08% of the company, may suggest caution among institutional investors regarding the stock's valuation, despite its strong historical performance and consistent returns over the last three years.