Why is KPI Green Energy falling/rising?

As of 25-Sep, KPI Green Energy Ltd's stock price is currently at Rs 470.60, reflecting an increase of Rs 5.95, or 1.28%. Today's price summary indicates that the stock has outperformed its sector by 2.73% and has experienced a trend reversal, gaining after three consecutive days of decline. The stock opened with a gain of 2.23% today and reached an intraday high of Rs 488.75, marking a 5.19% increase. However, despite this positive movement, the stock has underperformed in the longer term, with a year-to-date decline of 12.59% and a one-year drop of 20.89%. The company has shown healthy long-term growth, with net sales increasing at an annual rate of 101.13% and operating profit at 76.72%, but it also carries a high debt-to-equity ratio of 1.63, which raises concerns about its financial stability.
Broader market context shows that while KPI Green Energy has gained in the short term, it has still underperformed the broader market, which has seen a negative return of 5.88% over the past year. The stock's recent performance contrasts with its historical returns, as it has generated a significant decline compared to the benchmark. Additionally, the stock's liquidity remains adequate for trading, but falling investor participation, indicated by a decrease in delivery volume, could signal waning interest. Despite the positive quarterly results and consistent profitability, the high level of pledged promoter shares and the stock's expensive valuation relative to its earnings may contribute to investor caution, impacting its overall market performance.