Why is Stove Kraft falling/rising?

As of 05-September, Stove Kraft Ltd's stock price is currently at 686.10, reflecting an increase of 6.55, or 0.96%. The stock has shown a positive performance today, outperforming its sector by 1.04%, and has been on a consecutive gain for the last two days, accumulating a total return of 2.86% during this period. Over the past week, the stock has risen by 6.66%, while in the last month, it has surged by 20.16%. Despite a year-to-date decline of 21.14%, the company has seen a rise in profits by 19.3%, indicating a positive shift in fundamentals. Additionally, the stock is trading at a discount compared to its peers, and institutional investors have increased their stake, which may contribute to the recent upward momentum.
In the broader market context, Stove Kraft's short-term return of 6.66% over the past week significantly outpaces the Sensex's return of 1.13% during the same period. This indicates that the stock is gaining traction relative to the overall market. The rising investor participation, evidenced by a 107.01% increase in delivery volume, suggests growing confidence among investors. The stock's liquidity is also favorable, allowing for adequate trading activity. Overall, the combination of improved fundamentals, increased institutional interest, and strong short-term performance relative to the benchmark contributes to the stock's rising price.