Why is Krishanveer Forg falling/rising?

As of 19-Sep, Krishanveer Forge Ltd's stock price is currently at Rs 146.00, reflecting a slight increase of 0.1 (0.07%). The stock has been gaining momentum, having risen for the last four consecutive days, resulting in an 8.15% return during this period. It is also trading close to its 52-week high, just 2.02% away from Rs 148.95. Over the past year, the stock has generated a return of 10.11%, while profits have increased by 29.9%, indicating strong financial performance. The company maintains a low debt-to-equity ratio and has a fair valuation, which supports its recent price movement.
In the broader market context, Krishanveer Forge's short-term return of 4.43% over the past week significantly outperforms the Sensex, which has only increased by 0.88% during the same period. This outperformance is consistent with the company's historical returns, as it has consistently outperformed the BSE500 over the last three years. However, it is worth noting that there has been a decline in investor participation, with delivery volume falling by 48.6% against the five-day average, which could indicate a potential concern for future price stability despite the current upward trend.