Why is KPT Industries falling/rising?

As of 23-Sep, KPT Industries Ltd is experiencing a price increase, with the current price at 726.15, reflecting a rise of 8.15 (1.14%). The stock has shown positive momentum recently, gaining for the last two days and outperforming its sector by 1.8%. It opened with a gain of 2.37% today and reached an intraday high of Rs 735. However, despite this short-term gain, the stock has underperformed over the longer term, with a year-to-date decline of 25.52% and a one-year return of -36.25%. The company's management efficiency is notable, with a high return on capital employed (ROCE) of 19.59%, and it is trading at a discount compared to its peers' average historical valuations, which may attract some investors.
In the broader market context, KPT Industries has underperformed the benchmark, with the Sensex showing a positive return of 5.07% year-to-date, while KPT's decline has been significant. Over the past week, KPT Industries has fallen by 1.77%, contrasting with the Sensex's slight decline of 0.34%. This disparity highlights the stock's struggle to keep pace with market trends, despite recent gains. The company's flat results in the last quarter and a significant drop in profit before tax (PBT) further contribute to the cautious sentiment surrounding the stock, indicating that while there may be short-term gains, the long-term outlook remains challenging.