Why is KPI Green Energy falling/rising?

As of 30-Jun, KPI Green Energy Ltd's stock price is currently at Rs 512.00, reflecting an increase of Rs 17.05 or 3.44%. The stock has shown a positive trend today, outperforming its sector by 2.27% and reversing a two-day decline. It reached an intraday high of Rs 520, marking a 5.06% increase. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Additionally, the company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 102.36% and operating profit at 80.74%. The recent quarterly results have been very positive, with net sales growing by 24.23% and the company declaring positive results for the last 15 consecutive quarters.
In the broader market context, KPI Green Energy's short-term performance over the past week shows a return of +7.01%, significantly outperforming the Sensex, which has returned +2.09%. This strong performance in the short term contrasts with its year-to-date decline of -4.90% compared to the Sensex's +7.00%. The stock's liquidity is also favorable, with a delivery volume that has increased slightly against the 5-day average, suggesting rising investor participation. Overall, the combination of positive financial results and strong technical indicators has contributed to the stock's recent upward movement.