Why is KSB falling/rising?

As of 17-Sep, KSB Ltd's stock price is currently at Rs 870.00, reflecting an increase of Rs 14.95 or 1.75%. The stock has shown strong performance recently, gaining 6.42% over the past week and 8.56% over the last month. It has been on a consecutive gain streak for the last five days, and today it reached an intraday high of Rs 873.6. KSB Ltd is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend. Despite a slight decline in delivery volume, the company maintains a high management efficiency with a return on equity of 16.17% and a low debt-to-equity ratio, which supports its healthy long-term growth prospects.
In the broader market context, KSB Ltd's short-term performance significantly outpaces the Sensex, which has only risen by 1.56% over the past week. The stock's year-to-date return of 13.71% also exceeds the benchmark's 5.83% gain, highlighting its strong relative performance. KSB Ltd's substantial market capitalization and its position as the second-largest company in its sector further bolster investor confidence, contributing to its rising stock price. Overall, the combination of solid financial metrics and favorable market conditions has led to the stock's upward movement.