Why is KPI Green Energy falling/rising?

As of 04-Aug, KPI Green Energy Ltd is experiencing a price increase, currently at Rs 541.00, reflecting a rise of 17.2 points or 3.28%. The stock has shown strong performance today, outperforming its sector by 4.56% and achieving consecutive gains over the last two days with a total return of 5.25%. It has also reached an intraday high of Rs 541, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Furthermore, there has been a notable increase in investor participation, with delivery volume rising by 65.19% compared to the 5-day average. Despite a year-to-date return of only 0.48%, the stock has performed well over the last week with a gain of 7.55%, although it has underperformed over the past year with a decline of 18.67%.
In the broader market context, KPI Green Energy's recent performance contrasts sharply with the benchmark Sensex, which has only gained 0.16% over the past week and has declined by 2.89% over the last month. The company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 102.36% and operating profit growing at 80.74%. However, it faces risks due to a high debt-to-equity ratio of 1.63 and a significant portion of promoter shares being pledged, which could exert downward pressure in adverse market conditions. Despite these risks, the stock's recent positive results and strong operational metrics have contributed to its upward price movement.