Why is KPI Green Energy falling/rising?

As of 01-Aug, KPI Green Energy Ltd's stock price is rising, currently at 523.10, reflecting an increase of 9.1 or 1.77%. The stock has shown a trend reversal, gaining after two consecutive days of decline, and it outperformed its sector by 3.87% today. The stock reached an intraday high of Rs 534, which is a 3.89% increase. Over the past week, the stock has increased by 0.97%, while its one-month performance shows a decline of 1.05%. Despite a significant drop of 18.29% over the past year, the company has reported strong growth in net sales and operating profit, with a notable annual growth rate of 102.36% and positive results for the last 15 consecutive quarters. However, the company carries a high debt burden with a debt-to-equity ratio of 1.63, which may weigh on investor sentiment.
In the broader market context, the stock's recent performance contrasts with the benchmark, as the Sensex has declined by 1.06% over the past week and 3.70% over the past month. While the stock has underperformed the market over the last year, the current rise may be attributed to its strong quarterly results and positive growth indicators, despite the overall negative sentiment in the engineering sector, which has fallen by 2.13%. The stock's liquidity remains adequate for trading, although there has been a decline in investor participation, with delivery volume falling by 35.89% against the five-day average. This combination of strong fundamentals and sector underperformance may create a complex environment for the stock's future movements.