Why is Krishanveer Forg falling/rising?

As of 27-Jun, Krishanveer Forge Ltd's stock price is currently at Rs 101.80, reflecting an increase of Rs 2.8 or 2.83%. The stock has been performing well recently, with a consecutive gain over the last three days, resulting in a total return of 4.95% during this period. It has outperformed its sector by 2.17% today and has shown strong returns over the past week and month, with increases of 6.32% and 9.56%, respectively. However, there is a notable decline in investor participation, as the delivery volume has dropped significantly by 95.53% compared to the 5-day average. The company maintains a low debt-to-equity ratio and an attractive valuation, with a return on equity of 13.3% and a price-to-book value of 2.6, which supports its recent price increase despite some concerns regarding long-term growth.
Broader market context indicates that while Krishanveer Forge Ltd has outperformed the benchmark Sensex in the short term, with a 6.32% return over the past week compared to the Sensex's 2.00%, it has underperformed year-to-date with a decline of 2.12% against the Sensex's gain of 7.58%. The stock's long-term performance remains strong, having outperformed the BSE 500 over the last three years, one year, and three months. However, the company faces challenges with flat results in net sales and operating profit growth over the past five years, which could impact future performance and investor sentiment.