Why is Kross Ltd falling/rising?

As of 26-Jun, Kross Ltd's stock price is rising, currently at Rs 198.05, reflecting an increase of Rs 11.5 or 6.16%. The stock has been on an upward trend, gaining for the last five days and achieving a return of 11.96% over the past week, significantly outperforming the sector by 5.83%. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum. Positive financial metrics, such as a high return on capital employed (ROCE) of 30.74% and a low debt-to-EBITDA ratio of 1.22 times, further support the stock's performance. However, there are concerns regarding long-term growth, as net sales and operating profit have shown modest growth rates over the past five years.
In the broader market context, Kross Ltd's short-term performance of 11.96% over the past week stands in stark contrast to the Sensex, which has only increased by 2.94% during the same period. This indicates that Kross Ltd is not only performing well on its own but is also gaining traction relative to the overall market. Despite the positive short-term gains, the decline in institutional investor participation, with a decrease of 0.6% in their stake, raises questions about the stock's stability moving forward. Overall, while the stock is currently rising due to strong recent performance and positive financial indicators, the potential risks associated with long-term growth and institutional interest could impact its future trajectory.