Why is Carraro India falling/rising?

As of 11-Jul, Carraro India Ltd's stock price is currently at 451.10, reflecting a decrease of 1.65, or 0.36%. The stock has been experiencing a downward trend, having fallen for the last two days with a total decline of 1.18% during this period. Despite this recent decline, the stock has outperformed its sector by 0.32% today. Additionally, the stock has shown a slight improvement over the past month with a return of 0.36%, although it has significantly underperformed year-to-date with a decline of 29.20%. 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%. High institutional holdings at 21.05% suggest that knowledgeable investors are backing the stock, which may provide some stability.
In the broader market context, Carraro India's recent performance contrasts with the Sensex, which has declined by 1.12% over the past week and is nearly flat over the past month with a change of -0.02%. While Carraro India has outperformed the sector today, its year-to-date performance starkly contrasts with the Sensex's positive return of 5.58%. This indicates that while the stock has some positive fundamentals, including strong operating profit margins and institutional support, it is still facing challenges in the market that are contributing to its recent price decline.