Why is Krishanveer Forg falling/rising?

As of 23-Sep, Krishanveer Forge Ltd's stock price is currently at Rs 143.35, reflecting an increase of Rs 2.65 or 1.88%. The stock has shown resilience by gaining after two consecutive days of decline and is now just 3.91% away from its 52-week high of Rs 148.95. Over the past week, the stock has outperformed the sector by 2.69%, and its performance over the last year has yielded a return of 5.40%, while profits have risen by 29.9%. The company maintains a low debt-to-equity ratio and a fair valuation, contributing to its consistent returns over the last three years. However, there has been a notable decline in investor participation, with delivery volume falling by 67.41% compared to the five-day average.
In the broader market context, the stock has outperformed the benchmark Sensex, which has seen a decline of 0.34% over the past week while Krishanveer Forge Ltd has gained 0.99%. This trend of outperformance is consistent with the stock's year-to-date return of 37.84% compared to the Sensex's 5.07%. Despite the recent increase in stock price, the overall market sentiment appears mixed, as indicated by the falling investor participation and the stock trading at a premium compared to its peers' historical valuations.