Why is K.P. Energy falling/rising?

As of 24-Jul, K.P. Energy Ltd's stock price is rising, currently at 540.45, reflecting an increase of 9.95 or 1.88%. The stock has shown strong performance today, outperforming its sector by 2.51% and reaching an intraday high of Rs 546, which is a 2.92% increase. Over the past week, K.P. Energy has gained 5.30%, while its performance over the last month is up by 3.93%. The company has demonstrated robust financial health, with a low Debt to EBITDA ratio of 0.71 times and impressive growth in net sales and operating profit. However, there are concerns regarding falling investor participation, as the delivery volume has decreased by 3.45% against the 5-day average.
Broader Market Context: In comparison to the benchmark, K.P. Energy's short-term return of 5.30% over the past week significantly outperforms the Sensex, which has seen a slight decline of 0.09%. While the stock has generated a return of 29.96% over the past year, the broader market has only returned 2.54%. This indicates that K.P. Energy is not only performing well relative to its own historical performance but also significantly better than the market average. Despite its strong returns, the low stake held by domestic mutual funds may suggest some caution among institutional investors regarding the stock's valuation.