Why is KSE falling/rising?

As of 13-Oct, KSE Ltd's stock price is rising, currently at 2,662.85, reflecting an increase of 143.25 or 5.69%. The stock has been on an upward trend, gaining for the last four consecutive days and achieving a total return of 10.01% during this period. It opened with a gain of 2.4% today and reached an intraday high of Rs 2675, indicating strong performance. Additionally, KSE has outperformed its sector by 6.18% today and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock's delivery volume has also increased significantly, rising by 42.49% against the 5-day average, which suggests heightened investor interest. Furthermore, the stock offers a high dividend yield of 3.17% at the current price, contributing positively to its appeal.
In the broader market context, KSE's short-term return of 8.98% over the past week significantly outpaces the Sensex, which has only increased by 0.66% during the same period. This strong performance relative to the benchmark indicates that investor sentiment towards KSE is particularly favorable compared to the overall market. Year-to-date, KSE has also outperformed the Sensex, with a return of 12.78% compared to the benchmark's 5.36%. This combination of strong stock-specific factors and favorable comparisons to the broader market helps explain the recent rise in KSE's stock price.