Why is K.P. Energy falling/rising?

As of 10-Jul, K.P. Energy Ltd's stock price is rising, currently at 512.05, reflecting an increase of 20.55 or 4.18%. Today's price summary indicates that the stock has outperformed its sector by 3.94% and has shown a trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 514.9, and it is trading above all key moving averages, indicating positive momentum. Additionally, there has been a notable increase in investor participation, with a delivery volume rise of 34.97% compared to the 5-day average. The company has demonstrated strong financial health, with a low Debt to EBITDA ratio and impressive growth in net sales and operating profit, contributing to positive investor sentiment.
In the broader market context, K.P. Energy's short-term performance over the past week shows a gain of 1.42%, while the benchmark Sensex has remained nearly flat with a change of -0.06%. This suggests that K.P. Energy is gaining traction relative to the market. Over the past year, the stock has generated a return of 15.85%, significantly outperforming the Sensex's 4.09% return. The consistent positive results over the last three quarters and strong annual growth rates further bolster the stock's appeal, positioning it favorably against the backdrop of a generally stable market.