Why is Kranti Industrie falling/rising?

As of 24-Jun, Kranti Industries Ltd is experiencing a price increase, currently at Rs 99.10, reflecting a rise of 2.75 or 2.85%. Today, the stock has shown a positive trend, gaining after three consecutive days of decline and opening with a gain of 3.63%. It outperformed its sector by 2.15% and reached an intraday high of Rs 100.95. Despite a year-to-date decline of 0.81% compared to a 5.01% increase in the Sensex, the stock has delivered a strong annual return of 41.63%, significantly higher than the market's 6.10%. However, the company faces challenges, including a substantial negative compound annual growth rate (CAGR) in operating profits over the last five years and a high debt-to-EBITDA ratio, which raises concerns about its long-term fundamental strength.
In the broader market context, while Kranti Industries has outperformed the market over the past year, its short-term performance has been less favorable, with a 2.94% decline over the past week compared to a 0.58% gain in the Sensex. The stock's recent upward movement may be attributed to increased investor participation, as indicated by a 23.09% rise in delivery volume, suggesting renewed interest despite underlying financial weaknesses. The stock's liquidity is adequate for trading, but the overall risk remains high due to negative operating profits and low profitability metrics, which could impact future performance.