Why is Carraro India falling/rising?

As of 15-Jul, Carraro India Ltd's stock price is currently flat at 441.50, with no change in percentage terms (0.00%). The stock has underperformed its sector today by 1.66%, and over the past week, it has declined by 3.25%, while the benchmark Sensex has only decreased by 1.36%. Despite this recent underperformance, the stock has shown some positive indicators, such as a rising investor participation with a delivery volume increase of 21.59% against the 5-day average. The company also demonstrates strong fundamentals, including a low Debt to EBITDA ratio of 1.01 times and a healthy operating profit growth rate of 53.98%, which supports its ability to service debt and indicates potential for long-term growth.
In the broader market context, Carraro India has significantly lagged behind the Sensex year-to-date, with a decline of 30.71% compared to the benchmark's gain of 5.67%. This stark contrast highlights the challenges the company faces in attracting investor confidence despite its solid financial metrics. The high institutional holdings at 20.31% suggest that knowledgeable investors are backing the stock, which could provide some stability. However, the overall market sentiment appears to be cautious, reflected in the stock's recent performance against the benchmark.