Why is KRN Heat Exchan falling/rising?

As of 02-Jul, KRN Heat Exchanger and Refrigeration Ltd is experiencing a price increase, currently at 859.55, reflecting a rise of 4.05 (0.47%). The stock has shown strong performance recently, gaining 4.56% over the last three days and outperforming its sector by 0.34% today. Additionally, the stock has demonstrated impressive returns over various periods, with a 1-month increase of 13.05% and a year-to-date gain of 22.56%. The company also exhibits high management efficiency, as indicated by a return on equity (ROE) of 20.30%, and a strong ability to service debt, evidenced by a low debt to EBITDA ratio of 0.37 times. Furthermore, the company has reported significant growth in net sales and profit after tax, contributing positively to its recent stock movement.
In the broader market context, KRN Heat Exchanger has outperformed the Sensex, which has only increased by 0.79% over the past week, while KRN's stock rose by 2.07% in the same timeframe. The stock's liquidity remains adequate, allowing for trades of significant size, although there has been a decline in investor participation, with delivery volume dropping by 16.95% against the 5-day average. Despite this decline in participation, the overall positive financial indicators and consistent growth in sales and profits suggest a favorable outlook for the stock, contributing to its rising price.