Why is KRBL falling/rising?

As of 01-Jul, KRBL Ltd. is experiencing a price increase, currently at 375.45, which reflects a rise of 8.3 or 2.26%. The stock has shown strong performance, with a 1-week return of 5.46% and a 1-month return of 6.90%, significantly outperforming the benchmark Sensex, which has returned 2.00% and 2.76% over the same periods, respectively. Today's trading saw KRBL touch an intraday high of Rs 380.5, and it is currently just 2.21% away from its 52-week high. Despite a drop in delivery volume by 30.45% against the 5-day average, the stock remains liquid enough for trading. The company's low debt-to-equity ratio and strong quarterly results, including the highest operating profit to net sales ratio at 15.51%, contribute positively to its valuation, although its profits have declined by 20.1% over the past year.
In the broader market context, KRBL's performance has outpaced the market significantly, with a 24.16% return over the past year compared to the BSE500's 3.20%. This strong performance may indicate investor confidence, despite concerns about poor long-term growth, as the operating profit has decreased at an annual rate of 6.26% over the last five years. Additionally, the minimal stake held by domestic mutual funds, at only 0.24%, suggests a lack of comfort with the current price or business outlook, which could pose risks to sustained growth. Overall, while KRBL is currently rising, the underlying factors indicate a complex situation that could influence future price movements.