Why is Carraro India falling/rising?

As of 10-Jul, Carraro India Ltd's stock price is currently at 452.75, reflecting a decline of 3.75 points or 0.82%. The stock has underperformed its sector today, falling after two consecutive days of gains. In terms of returns, the stock has decreased by 0.39% over the past week and 1.08% over the past month, while it has experienced a significant year-to-date decline of 28.94%. Despite these short-term challenges, the company demonstrates a strong ability to service its debt, evidenced by a low Debt to EBITDA ratio of 1.01 times, and has shown healthy long-term growth with an annual operating profit increase of 53.98%. Additionally, high institutional holdings at 21.05% suggest that knowledgeable investors are backing the company, which may provide some stability.
In the broader market context, the Sensex has shown a slight decline of 0.06% over the past week and a positive return of 0.97% over the past month, indicating that while the overall market is relatively stable, Carraro India is lagging behind. The stock's year-to-date performance contrasts sharply with the Sensex's gain of 6.46%, highlighting its underperformance in the current market environment. This disparity suggests that while the company has strong fundamentals, external market pressures and recent price movements are contributing to its current decline.