Why is K.P. Energy falling/rising?

As of 31-Jul, K.P. Energy Ltd's stock is currently priced at 519.00, reflecting an increase of 14.7 or 2.91%. Today, the stock outperformed its sector by 3.44% and reached an intraday high of Rs 528.95, marking a rise of 4.89%. Despite this positive movement, the stock has experienced a decline of 3.97% over the past week and 0.88% over the past month. However, it has shown impressive long-term growth, with a remarkable 1427.66% increase over the last three years and a 25.14% rise in the past year. The company has demonstrated strong financial health, with a low Debt to EBITDA ratio of 0.71 times and significant growth in net sales and operating profit, which have increased by 93.57% and 88.89%, respectively.
In the broader market context, K.P. Energy's recent performance contrasts with the Sensex, which has declined by 1.22% over the past week and 3.00% over the past month. While the stock has shown resilience with consistent returns over the last three years, the falling investor participation, indicated by a 50.68% drop in delivery volume, may raise concerns about future momentum. Nonetheless, the stock's liquidity remains adequate for trading, suggesting that investor interest could rebound. Overall, the combination of strong financial results and a positive market reaction today has contributed to the stock's upward movement despite recent short-term declines.