Why is Carraro India falling/rising?

As of 25-Jul, Carraro India Ltd's stock price is currently at Rs 482.00, reflecting a decrease of Rs 9.0 or 1.83%. The stock has underperformed its sector by 0.42% today and has experienced a trend reversal, falling after two consecutive days of gains. During the trading session, the stock reached an intraday high of Rs 510.15 but also dipped to a low of Rs 480.65. Over the past week, the stock has shown a positive return of 4.32%, while its one-month return stands at 9.53%. However, year-to-date, the stock is down 24.35%. Despite the recent decline, the company demonstrates a strong ability to service its debt, with 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%. The high institutional holdings at 20.31% 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 seen a slight decline of 0.36% over the past week and a 1.56% drop over the past month. While Carraro India has outperformed the benchmark in the short term, its year-to-date performance is significantly worse than the Sensex's gain of 4.25%. The falling investor participation, with a 50.61% drop in delivery volume compared to the five-day average, indicates a potential decrease in market interest, which could be contributing to the stock's current downward movement. Overall, while the stock has some positive fundamentals, the recent price action and lower trading volume suggest caution among investors.