Why is K.P. Energy falling/rising?

As of 13-Aug, K.P. Energy Ltd's stock price is currently at 433.35, reflecting an increase of 6.0 or 1.4%. Today's performance indicates a trend reversal as the stock has gained after eight consecutive days of decline, outperforming its sector by 1.37%. Despite this positive movement, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting ongoing bearish sentiment. Over the past week, the stock has declined by 6.42%, and it has seen a significant drop of 12.89% over the past month. However, 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, which may support its recent price increase.
In the broader market context, K.P. Energy's short-term performance has been notably weaker than the benchmark Sensex, which has remained relatively flat with a change of -0.01% over the same week. While the stock has generated a return of 10.82% over the past year, it has underperformed the benchmark year-to-date, where the Sensex has gained 3.07%. The company's consistent returns over the last three years and its strong financial metrics, including a PEG ratio of 0.2, indicate potential for long-term growth, which could be contributing to the recent uptick in stock price despite the overall downward trend in the short term.