Why is Carraro India falling/rising?

As of 08-Jul, Carraro India Ltd's stock price is currently at 456.35, reflecting an increase of 4.3 points or 0.95%. The stock has shown a trend reversal, gaining after four consecutive days of decline. Despite a recent outperformance against its sector by 1.56%, the stock's delivery volume has significantly decreased by 68.95% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has declined by 0.84%, while it has gained 5.70% over the past month. The company demonstrates strong financial health with a low Debt to EBITDA ratio of 1.01 times and impressive operating profit growth, which supports its recent price movement.
In the broader market context, the Sensex has seen a slight increase of 0.02% over the past week, while Carraro India has underperformed the benchmark year-to-date with a decline of 28.38%. However, the stock's healthy long-term growth prospects, evidenced by a robust operating profit to interest ratio and high institutional holdings at 21.05%, suggest that it may attract more informed investors. This combination of factors contributes to the stock's recent upward movement despite the overall challenging performance relative to the benchmark.