Why is Stove Kraft falling/rising?

As of 19-Sep, Stove Kraft Ltd's stock price is currently at Rs 715.00, reflecting an increase of Rs 12.9 or 1.84%. The stock has been on a positive trajectory, gaining for six consecutive days and achieving an overall return of 8.06% during this period. It has outperformed its sector by 2.9% today and has traded above its moving averages across various time frames. Additionally, the stock has seen a rise in delivery volume, indicating increased investor participation. Despite a year-to-date decline of 17.82%, the company's profits have increased by 19.3%, and it maintains a strong management efficiency with a high return on capital employed (ROCE) of 17.94%. Institutional investors have also increased their stake, suggesting growing confidence in the company's fundamentals.
In the broader market context, Stove Kraft's short-term performance has significantly outpaced the benchmark Sensex, which has only risen by 0.88% over the past week. The stock's 1-month return of 8.85% further highlights its strong performance relative to the Sensex's 1.20% increase during the same period. This contrast indicates that while the stock has faced challenges over the longer term, recent positive developments and increasing institutional interest have contributed to its upward movement in the short term.