Why is Carraro India falling/rising?

As of 02-Jul, Carraro India Ltd's stock price is currently at 460.20, showing no change (0.00%). The stock has demonstrated a positive trend over the past week and month, with returns of +4.58% and +4.83%, respectively. However, it has underperformed the sector today by -0.77%. The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally upward trend in price. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 14.28% against the 5-day average. The company also exhibits strong financial health, characterized by a low Debt to EBITDA ratio of 1.01 times and significant growth in operating profit, which has increased at an annual rate of 53.98%. High institutional holdings at 21.05% suggest confidence from knowledgeable investors.
In the broader market context, Carraro India's short-term performance has outpaced the benchmark Sensex over the past week and month, which saw returns of +0.79% and +2.50%, respectively. Despite the stock's year-to-date performance being down by -27.77% compared to the Sensex's +6.75%, the recent positive indicators in terms of moving averages and investor participation suggest a potential recovery phase. The overall liquidity of the stock remains adequate for trading, which may further support its price stability in the near term.