Why is Carraro India falling/rising?

As of 07-Jul, Carraro India Ltd is currently priced at 452.05, reflecting a decrease of 2.25, or 0.5%. The stock has been experiencing a downward trend, having fallen for the last three days, resulting in a total decline of 1.77% during this period. In terms of returns, the stock has underperformed in the short term, with a 1-week decline of 0.75%, while it has shown a modest increase of 4.70% over the past month. Despite these recent challenges, the company maintains a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 1.01 times, and it has demonstrated healthy long-term growth with an annual operating profit increase of 53.98%. Additionally, high institutional holdings at 21.05% suggest a level of confidence from more resourceful investors.
In the broader market context, the Sensex has experienced a slight decline of 0.20% over the past week, indicating that the market sentiment is somewhat negative but not as pronounced as Carraro India's recent performance. The stock's year-to-date return is notably poor at -29.05%, contrasting sharply with the Sensex's positive return of 6.79% in the same period. This significant underperformance may be contributing to the falling investor participation, as indicated by a 43.39% drop in delivery volume against the 5-day average. Overall, while Carraro India has strong fundamentals, the recent price movement reflects a combination of short-term challenges and broader market conditions that are not favoring its stock performance.