Why is KRBL falling/rising?

As of 02-Jul, KRBL Ltd. is experiencing a price increase, currently at Rs. 380.95, reflecting a rise of 5.5 points or 1.46%. The stock has recently hit a new 52-week high of Rs. 390.25 and has shown a consecutive gain over the last two days, with a total return of 3.76% during this period. Despite underperforming its sector by 0.99% today, KRBL has outperformed the Sensex with a 1-week return of 6.08% compared to the benchmark's 0.79%. The company has demonstrated strong financial metrics, including a low debt-to-equity ratio and impressive quarterly results, which have contributed to its attractive valuation. However, there are concerns regarding long-term growth, as operating profit has declined at an annual rate of 6.26% over the past five years.
In the broader market context, KRBL's recent performance has been strong, particularly in the short term, as it has outpaced the Sensex not only in the last week but also over the past month and year-to-date. While the stock has generated a return of 25.19% over the past year, it is noteworthy that its profits have decreased by 20.1%, which may raise caution among investors. Additionally, the low stake held by domestic mutual funds could indicate a lack of confidence in the stock's current valuation or business prospects. Overall, while KRBL is currently rising, the mixed signals regarding its long-term growth potential and investor sentiment may influence future price movements.