Why is KRBL falling/rising?

As of 12-Nov, KRBL Ltd. is experiencing a price increase, with its current price at Rs 389.80, reflecting a rise of Rs 12.95 or 3.44%. Today's price summary indicates that the stock has outperformed its sector by 1.14% and has shown a trend reversal after two consecutive days of decline. The stock reached an intraday high of Rs 390.6, and while it is trading above the 5-day, 20-day, and 200-day moving averages, it remains below the 50-day and 100-day moving averages. Over the past week, KRBL has generated a return of 3.93%, which is significantly higher than the Sensex's return of 1.21%. Additionally, the company has demonstrated strong financial performance, with a 51.91% growth in PAT and a 20.22% increase in net sales over the latest six months, contributing to its positive momentum.
In the broader market context, KRBL's performance has outpaced the benchmark, with a one-year return of 41.59% compared to the BSE500's 6.33%. The rice and rice processing sector has also seen gains, with a 2.3% increase, further supporting KRBL's upward movement. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 38.88% against the 5-day average, which could indicate a potential concern for future trading activity. Despite this, the company's low debt-to-equity ratio and attractive valuation, alongside its strong historical returns, suggest that the stock remains appealing to investors, contributing to its recent rise.